Superannuation & SMSF

Superannuation

Superannuation is a critical component of financial planning, ensuring individuals have financial security in retirement. At Douglas & Harrison Pty Ltd, we take this aspect of financial management seriously, which is why several of our Directors have taken the step to become Authorised Representatives of the SMSF Advisers Network Pty Ltd.

This prestigious authorisation equips our Directors with the expertise and legal backing to offer comprehensive advice on Self Managed Superannuation Funds (SMSFs). SMSFs are private superannuation funds that you manage yourself, providing greater control over your retirement savings and investment strategies. Our services in this area include a range of vital activities:

1. Recommending the Establishment of an SMSF: We provide personalized advice on whether an SMSF is suitable for your financial circumstances and retirement goals. Establishing an SMSF can be beneficial for those who wish to have direct control over their investments, but it also comes with significant responsibilities and regulatory requirements.

2. Additional Contributions: We guide our clients on how to effectively increase their superannuation savings through additional contributions. This includes advice on concessional (pre-tax) and non-concessional (post-tax) contributions, helping you maximize your retirement savings in a tax-efficient manner.

3. Consolidation of Superannuation Assets: Many individuals accumulate multiple superannuation accounts through different employment. We can assist in consolidating these assets into a single fund to reduce fees and simplify the management of your retirement savings. This can also involve transferring existing super funds into an SMSF.

4. Commencement of Superannuation Pension: As you approach retirement, starting a superannuation pension is a critical decision. We provide strategic advice on when and how to commence your pension to optimize your financial resources in retirement.

At Douglas & Harrison Pty Ltd, our goal is to ensure that you are well-prepared for retirement, with a solid superannuation strategy that aligns with your personal financial goals. Our authorised representatives are here to help you navigate the complexities of superannuation management, offering tailored advice that ensures peace of mind for your future.