Show Notes
Self-managed super funds have been out of favour for a while. With low-cost industry funds, better online platforms and more compliance to deal with, plenty of Australians decided SMSFs were not worth the effort.
So why is everyone talking about them again? In this episode, Paul looks at why recent tax changes could make superannuation even more important in Australia's wealth-building landscape, and why that has some people taking a fresh look at self-managed super. Not because SMSFs are suddenly right for everyone, but because when the rules around other wealth-building structures change, the way you hold and manage your retirement savings starts to matter more. In this episode:
Why SMSFs are back on the radar
What the tax changes could mean for wealth builders
Why super may matter more than ever
When control over your super starts to become more appealing
The hidden trade-off that comes with running your own fund
Why an SMSF is not the right move for everyone
What to think about before deciding your current setup is no longer enough
If you've dismissed self-managed super in the past, this episode gives you a reaason to revisit the question.
FURTHER LISTENING: Find our playlist full of episodes about SMSFs and Superannuation here. WANT TO KNOW IF AN SMSF IS RIGHT FOR YOU?: At Guidance Financial Services, we can provide personalised advice on self-managed super, superannuation and investment strategy, based on your goals and circumstances. Book your appointment here. WANT TO STAY ACROSS WHAT'S MOVING THE MARKETS?: Subscribe to GainingCHOICE, our weekly email unpacking the key headlines and what to pay attention to.
GOT A FINANCE QUESTION FOR PAUL?: Send it to [email protected], and it could be featured in his Ask an Expert column each Sunday in The Age and Sydney Morning Herald.
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UPDATED: This episode was originally published with the wrong episode audio; it has been republished with the correct audio. Thanks for your patience!
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