Superannuation
Are you getting the right advice?
If you have a self-managed superannuation fund, it can be hard to know if you’re getting the right advice. There are three main qualifications that you should know:
- Accountants who are Authorised Representatives: This is us. This means that we have undertaken training specific to superannuation and we are allowed to provide advice on the set up and administration of self-managed superannuation funds (SMSFs).
- Accountants who are not Authorised Representatives: These accountants can only provide limited factual advice on how SMSFs function.
- Licensed Financial Planners: Financial planners can provide advice on specific products or schemes that you might want to invest in as part of your SMSF.
This means that we are happy to provide advice on matters such as whether a specific investment scheme is allowed in an SMSF, or whether it is a good idea to use your SMSF to purchase property. However, unless they are also licensed financial planners, no accountant can or should encourage you to invest in specific schemes or products or try to sell you anything.
We take our role and your future seriously and will always act in your best interest—after all, that’s our job.
More details on the conversations that you can have about SMSFs with your accountant can be found on the SMSF Advisers Network's page.
Our Key Superannuation Services
SMSF Setup & Advice
Is a self-managed or retail fund better for your needs? It’s always a good idea to get professional advice before making the switch to an SMSF to make sure you understand all of the implications.
SMSF Administration
We process and maintain SMSFs, and we are able to complete tax returns and financial statements for the fund.
SMSF Strategies
Are you close to retirement and hoping to set up a pension payment? Are you many years from retirement but not sure if you’ll have enough? We can provide advice and offer strategies for the entire life span of your SMSF.
SMSF Audits
We can audit SMSFs to make sure that you have met the many tax and legal requirements associated with these funds. This must be completed for all SMSFs by a qualified auditor.
Tax Planning Strategies
Whether you have an SMSF or retail fund, there are certain tax implications throughout the life span of your fund and upon your death. It’s important to get advice to understand what these implications are and to discuss options to minimise the amount of tax you or your beneficiaries will have to pay.
Questions? Come in for a chat or review our articles here for some helpful tips.
TDG Business Services is a Corporate Authorised Representative of SMSF Advisers Network, AFSL No. 430062. ABN: 64 155 907 681. More details on the SMSF Advisers Network can be found at www.san.com.au.
The person at this practice authorised by SAN to provide superannuation and self-managed superannuation fund advice is Alan Donges.