Expert SMSF Accountants Who Help You Engage With Your Super and Retirement Planning
Work with the leading Self Managed
Super Fund Specialist in Melbourne
Our expert SMSF accountants empower you to take control and optimise your superannuation for the future you envision
I’M A BUSINESS OWNER
I’d like to talk to a SMSF & Business Accounting Specialist
Personalised, high-touch service that guarantees you’ll remain up-to-date and well-informed.
We tailor our services to your exact needs, ensuring that you receive targeted advice and support for optimal growth.
Our hands on and proactive approach ensures you are on a clear path to achieving your financial goals
Experience the freedom and flexibility of a SMSF, while taking comfort in the knowledge that our expert team is here to support you.
Take control of your Super Fund – our specialist SMSF team will guide and support you to make confident and informed decisions.
Whether you are considering starting a SMSF or transitioning an existing SMSF, our expert SMSF team can help – book a free SMSF consultation today.
SMSF Set Up
With a dedicated SMSF accounting team Rogerson Kenny Business Accountants provide tailored advice to help you make informed decisions about your retirement savings, giving you the confidence that your financial future is in capable hands.
SMSF Compliance
Our experienced SMSF accountants are well-versed in Self Managed Superannuation fund compliance and administration. We will guide you through every SMFS complexity, ensuring your SMSF is compliant and working to your advantage.
SMSF Strategy
Navigate your Self Managed Superannuation Fund strategy like a pro, our professional advice is your secret weapon to a successful and compliant SMSF journey, whilst giving you the best opportunity to put your SMSF wealth creation in the fast lane
What are the Advantages of
Having a Self Managed Super Fund?
Control &
Flexibility
As an SMSF member, you have greater control over your investment decisions. This means you can tailor your strategy based on your financial goals and risk appetite. SMSFs offer a wide range of investment options, such as direct property, shares, and even collectibles.
Tax Management & Cost Effectiveness
SMSFs provide opportunities for tax planning that can potentially lead to significant tax savings.
If appropriately managed, the costs of running an SMSF can be lower than other super options, especially for larger balances.
Estate Planning
SMSFs provide more flexibility in estate planning, allowing you to set specific conditions on how your benefits are paid after your death.
Insurance Options
SMSFs let you hold different types of insurance policies for the
fund’s members, potentially providing broader coverage levels.
DID YOU KNOW?
SMSFs are a particularly good tax planning tool when acquiring business real estate property.
Many business owners use SMSFs to assist them in the purchase of their own business premise.
Ready to make the most of your super?
YOUR ULTIMATE GUIDE TO SETTING UP A SMSF
An SMSF operates much like any other super fund,
learn how does an SMSF work.
It starts with setting up of the SMSF.
You choose your SMSF trustees, create the SMSF trust deed, and registering the fund with the Australian Taxation Office. (ATO SMSF)
Once it is established, the fund can receive super contributions and rollovers from other super funds.
When it comes to investing, the choice is yours.
There are a vast array of SMSF investment options.
Whether it’s shares, property, fixed-interest investments, or even collectables, the decisions rest in your hands.
It’s worth noting that while managing an SMSF offers greater control and flexibility, it also carries greater responsibility.
It is important you have the support of an SMSF Accountant.
With the right guidance and advice, it’s a responsibility many find rewarding.
Download your must have guide to starting a
Self Managed Super fund today
Why gamble on your retirement?
Arm yourself with our SMSF advice and make decisions that count.
Our professional advice is your secret weapon to a successful and complaint SMSF whilst giving you the best opportunity of putting your SMSF wealth creation in the fast lane.
FREQUENTLY ASKED QUESTIONS
Do I need to have a good knowledge of investments to have a SMSF?
We suggest you have a basic understanding of investments and how they work, however its not essential. It is possible (and many clients do this) to outsource the investment function to a professional.
You will need to prepare and implement an SMSF investment strategy for your SMSF and review it regularly. The investment strategy needs to reflect the purpose and circumstances of your SMSF and consider several factors.
Learn More here
Can I have insurances through my SMSF, like I do in my retail/industry fund?
An SMSF can hold all the insurances a retail / industry super fund can. An SMSF can hold life insurance, Total and Permanent Disability Insurance (TPD) for “any occupation” and Income Protection Insurance. It is important to consider your insurances will align with a condition of release and that they are not “trapped” inside the SMSF when you need them.
SMSF trustees are legally obliged to consider insurances, as per their Investment Strategy. This however, does not mean insurance is compulsory, merely it needs to be considered. The SMSF trustees may deem that appropriate cover is held outside the SMSF.
We suggest you seek advice from an insurance professional when determining appropriate cover.
Is there anyone who can’t have a SMSF?
In most cases all members of a SMSF must be a trustee or a director of the trustee company. Anyone 18 years and over and not under a legal disability (i.e. Mental impairment or bankruptcy) can be a trustee unless they are a disqualified person.
A person is disqualified if any of the following apply:
- A person has been convicted of an offence involving dishonesty
- A person has been subject to a civil penalty order under the super laws
- A person is considered insolvent under administration
- A person in an undischarged bankrupt
- Has been disqualified by a regulator
If a person is any of these things, then they will likely be ineligible to be a trustee of a SMSF.
Can I buy property with my SMSF?
Your SMSF can buy any type of property that the trustees feel fits the investment strategy of their SMSF, however it is important to understand the specific rules that apply to owning and using a property that is owned by an SMSF.
This mean you can buy a commercial property, residential property, vacant land, farm land, etc. There are however restrictions with regard to property and SMSF.
Learn More here
Who can help me prepare my strategy for my SMSF?
There is a legal requirement for the trustees to have an investment strategy for an SMSF.
An investment strategy can be for the fund as a whole, or for each member (depending on the risk tolerances of fund members).
An investment strategy is a document that sets out how you plan to achieve the fund’s or member’s investment objectives. There is no prescribed format for an investment strategy (unless your trust deed says so), but it must reflect the purpose and circumstances of the fund and its members. An investment strategy is a fluid document that should be updated whenever circumstances in the fund change and should be reviewed regularly.
The investment strategy should consider such things as diversification of assets, liquidity of the fund’s assets, insurance, the ability of the fund to meet the needs of members (ie. ability to pay a pension) and the ability of the SMSF to discharge its existing and prospective liabilities.
The trustee must prepare the investment strategy, but can take assistance from others, such as an appropriately licensed financial planner.
What can an SMSF invest in?
SMSF members can invest in a way that is often unavailable in most other super funds.
You can hold direct property, listed and unlisted shares, artwork and other exotic or not-so-common investments.
The Sole Purpose (or core purpose) of your SMSF must be to provide retirement benefits to the members of the fund on retirement or benefits to a deceased members dependant or estate on the death of a member.
Investment rules for SMSFs are in place and regulated by the ATO to limit the risks that SMSF fund members are exposed to, to maintain / maximise retirement savings.
Learn More here
Learn More
Type of SMSF Contributions
What is a SMSF?
Who can be a member of a SMSF?
Work with Melbourne’s leading specialists in Self-Managed Super Funds
With expertise in SMSF tax advice, SMSF administration and SMSF accounting for Self Managed Super Funds, we provide a streamlined, secure, and efficient service by leveraging the latest cloud technology, ensuring your SMSF operations are timely, compliant and efficient.
Our team is committed to personally guiding you through the set-up of your SMSF. Personal and friendly service from dedicated SMSF accountants who take the time to understand your unique circumstances.
Contact Details
Suite 13, 241 Blackburn Road
Mount Waverley VIC 3149
