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What are the benefits of having a SMSF?

Having an SMSF you have full control over your investments, and you do have a wider range of investment options.

So obviously one of the biggest being residential or commercial property. You can pull your super together so to speak with your husband or wife, family members.

A self managed Superfund can have up to four members. So obviously having the one fund between multiple people, you have one set of cost but you have higher borrowing power if you're purchasing property or larger amount to invest and where that benefits, there's a lot of our clients or some of their clients are in a position where they might not quite have enough money to buy property on their own, but if they pull their wife, husband together plus a couple of kids together between the four of them, they can run the self managed superfund and afford to invest in property together.

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