Don't be fooled, our specialist advisers are way more than just Financial Planners. An Exelsuper Specialist Adviser has been chosen for their proven expertise in their area of specialty. Whilst SMSF is our flagship offer, our advisers will first determine what solutions are available in the market, and what matches your needs.
Our SMSF service is a much needed and sought after service. Australia has $1.9 Trillion in superannuation. Around 1/3 of those funds reside in SMSF. To date over 500,000 Australians have made the decision to manage their own superannuation using a Self Managed Super Fund (SMSF) and further research shows that 1 in every 10 Australians intends to establish their own SMSF in the near future. What makes SMSF so popular? Superannuation is important for retirement and an SMSF gives you cost-effective control over your superannuation assets, allowing significantly increased investment choice that is completely tailored to your needs.
Superannuation is in fact a simple concessionally taxed structure that holds investments. Within a Self Managed Super Fund you can select a range of investment options including:
If SMSF is your solution of choice, the qualified and professional team at Exelsuper guides you through the establishment and ongoing administration process, providing you with the right information to help you make sound investment choices and ensuring your SMSF is compliant and that you meet all of your legal obligations and responsibilities involved as a Trustee. You will be surprised at how simple SMSF really is with Exelsuper.
SMSF is not for everyone. Our first and foremost objective is to provide you with independent, unbiased advice about the right solution to help you reach freedom in retirement. Whilst our highly awarded SMSF offer is our flagship service, we can help you access whatever superannuation solution is right for you. From simple employer super funds to the most sophisicated SMSF portfolios, an Exelsuper Specialist Adviser can present your choices in a simple, understandable way.
Whilst we have many solutions available, at Exelsuper we believe that SMSF is the ultimate retirement savings vehicle. SMSF can deliver valuable tax advantages to help you accelerate towards the financial freedom you deserve.
Understanding SMSF is a key step to getting the most from this structure. Like other super funds, an SMSF accepts member and employee contributions and holds insurance and investments on the member’s behalf in a concessionally taxed environment, ultimately providing benefits to members at retirement.
The main difference between SMSFs and other types of superannuation funds is that an SMSF member also acts as a trustee or director of a corporate trustee and prepares and implements their own investment strategy for their fund and this comes with a strict set of legal obligations and responsibilities.
SMSF is for you if:
In theory there is no minimum balance required for a SMSF, however we believe that a balance of around $150,000-$200,000 is the minimum required to make your full-service Self Managed Super Fund financially viable. Alternatively if you earn a high income you may be able to get started sooner.
The great news is that you can combine your balance with that of your spouse or business partner to create the economies of scale needed to make Self Managed Super an option for you.
However, great super is not merely about economies of scale, it’s about taking control of your investment decisions and achieving financial freedom for your retirement.
At Exelsuper we also offer the option of choosing an exciting, economical SMSF alternative with minimised flexibility and control that offers you a DIY solution while working towards building your superannuation balance. Go to Compare our Fees to find out more about our Exelsuper SMSF and ExelsuperLITE packages.