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Superannuation

Why choose Grimsey? | Portfolios | Superannuation | Tax Planning Products | Estate Planning

For almost all of us, superannuation will be our biggest and most important asset. With life expectancy increasing all the time, your superannuation may have to fund your retirement for several decades.

The lifestyle benefits that early professional and expert planning can deliver cannot be overstated. Salary sacrificing to superannuation builds your asset base, minimizes your income tax liability and takes advantage of generous taxation concessions.

As a high income earner we can show you the significant difference substantial salary sacrificing can make to your financial and lifestyle goals. With so much of the future riding on decisions made now, we strongly advise you not to go this one alone.

Self Managed Superannuation Funds

SMSF's offer many potential benefits to high net worth individuals, which is no doubt why they are expanding in the market at such a huge rate. These include:

• Greater control over the fund's investment strategy. For most people, superannuation will become their biggest asset. You should know exactly where your money is and have control over investment decisions.
• Greater flexibility in investment choice, allowing investment in things such as direct property, small business and art.
• Advantages for estate planning. Up to four family members can be included in the fund at any given time.
• In some circumstances the SMSF can purchase assets from other members of the fund, allowing better consolidation of investment assets.

Like conventional super funds, SMSF's can also be used as a vehicle to accumulate superannuation benefit whilst employed and beyond. Please go to Tax Planning Products for more information.

We can advise you whether the benefits to you, in your particular circumstances, outweigh the set up and compliance costs. Should you choose to proceed, we can take care of the set up process for you, as well as managing ongoing compliance obligations.