Your Wealth

Is an SMSF right for me?

March 7, 2018

There are now over 600,000 SMSFs in Australia, with over 1.1million investors having chosen to manage their own retirement savings. SMSFs offer unprecedented control, flexibility and investment choice, but also come with a long list of responsibilities and obligations, so it’s worth giving considerable thought to whether it’s the right structure for you.

If you’re thinking about an SMSF, or want to know more, tune in to hear SMSF guru Meg Heffron, who has decades of experience managing SMSF administration and has consulted to Government and industry on SMSF legislation, policy and regulation, give her guidance on how to answer this question.

NAB’s SMSF expert Gemma Dale and Meg discuss many of the issues you can and should consider, such as:

  • how much do you really need to start an SMSF
  • how much work it really takes to manage your retirement savings,
  • what risks make an SMSF difficult to manage, and
  • who you should engage to help you, whether you prefer to do it yourself or seek out an expert.

 

The information provided in this podcast is intended to be of a general nature only. Any advice has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice, National Australia Bank Limited (ABN 12 004 044 937 AFSL 230686) (NAB) recommends you consider whether it is appropriate for your objectives, financial situation and needs. NAB recommends that you seek independent advice before acting on any of this information. NAB has a business relationship with Heffron. NAB is not a registered tax agent and any taxation information contained on this website is of a general nature. The tax consequences of investing will depend on your particular circumstances and we recommend that you seek professional tax advice before applying for a financial product. The information in this podcast is not a substitute for reading the relevant terms and conditions and Product Disclosure Statement (PDS) before making any decisions available via our website at www.nab.com.au
©National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686 89526A0514.

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