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Superannuation Advice

Superannuation is arguably one of the most significant investments you make in your life outside of the family home. Yet, many do not know where their super is and how it can be used to make retirement seamless.

Superannuation Advice

Superannuation is arguably one of the most significant investments you make in your life outside of the family home. Yet, many do not know where their super is and how it can be used to make retirement seamless.

How can I grow my superannuation?

It is never too early to understand how your superannuation works. There are many things to consider, so we’ve listed a few below.

  • How your super is invested
  • The investment options available
  • The fees you are paying
  • How your super’s performance is tracking compared to alternative funds
  • The various contribution limits and strategies you can take advantage of
  • The potential tax benefits available
  • Do you have unclaimed super?
  • What happens to your super when you pass away?

With a team of financial planning experts, the Inovayt Wealth team can provide personalised superannuation advice and services to help you create your dream financial future.

Self-Managed Super Fund (SMSF)

A Self-Managed Super Fund (SMSF) is a super fund where you, as the trustee and member, control the management, investment strategy and administration. Like regular industry and retail super funds, SMSFs are established to build retirement savings. Below we have more information to help you understand the pros and cons of a Self-Managed Super Fund, so you can make an informed decision.

What our clients say

Is an SMSF right for me?

Understanding whether or not an SMSF is right for you is something that can be quite complex. A financial advisor can partner with you in shaping your financial future, offering superannuation advice tailored to your unique needs and goals. An investments advisor can go through the intricate details of superannuation policies, investment strategies, and tax implications, ensuring that every decision aligns with your retirement aspirations.

You generally need to have a reasonable amount of super to justify the costs of an SMSF. The ATO suggests a minimum balance of $200,000 for an SMSF to be competitive.

There are costs to set up an SMSF as well as ongoing running costs. The running costs of an SMSF vary depending on how you choose to manage your SMSF and the investment strategy you implement. The more complex the investment strategy, the more it is likely to cost.

This means that your SMSF and its assets are used solely to provide you and other members benefits for retirement. A common misconception is having an SMSF allows you early access to your super or to buy a holiday home or artwork to decorate your house. These things are illegal.

A firm grasp of investment knowledge is highly recommended as you’ll need to monitor your investment strategy, research investment options, keep on top of how your investments are performing and keep up to date with regulatory superannuation changes that may affect you.

Whether you are thinking about setting up an SMSF or would like guidance on managing your established fund better, please get in touch with our team to guide you in the right direction.

Find an Inovayt Financial Planner near you

Our team of financial planners take pride in helping our clients reach their goals. We create tailored solutions to match your financial and lifestyle goals by understanding your individual circumstances and objectives.
financial planner bentleigh

Luke Mase

Partner & Senior Financial Planner

Our team of financial planners take pride in helping our clients reach their goals. We create tailored solutions to match your financial and lifestyle goals by understanding your individual circumstances and objectives.

No posts found!

Our team of financial planners take pride in helping our clients reach their goals. We create tailored solutions to match your financial and lifestyle goals by understanding your individual circumstances and objectives.

No posts found!

Our team of financial planners take pride in helping our clients reach their goals. We create tailored solutions to match your financial and lifestyle goals by understanding your individual circumstances and objectives.

No posts found!

Our team of financial planners take pride in helping our clients reach their goals. We create tailored solutions to match your financial and lifestyle goals by understanding your individual circumstances and objectives.

No posts found!

Our team of financial planners take pride in helping our clients reach their goals. We create tailored solutions to match your financial and lifestyle goals by understanding your individual circumstances and objectives.

No posts found!

Our team of financial planners take pride in helping our clients reach their goals. We create tailored solutions to match your financial and lifestyle goals by understanding your individual circumstances and objectives.

No posts found!

Find an Inovayt Financial planner near you​

financial planner bentleigh

Luke Mase

Partner & Senior Financial Planner

No posts found!

No posts found!

No posts found!

No posts found!

No posts found!

Our experienced and friendly team can provide you with lifetime financial solutions by understanding your individual needs and goals.

Get in touch
1300 354 355

Send us an email
info@inovayt.com.au

Start your journey, contact Inovayt today

Get in touch
1300 354 355


Send us an email
info@inovayt.com.au

Want to discuss your super? Contact Inovayt today

Start your journey, contact Inovayt today

Start your journey, contact Inovayt today

Start your journey, contact Inovayt today

Start your journey, contact Inovayt today