Establishing an SMSF is one of the most significant decisions an individual can make regarding their retirement savings and should only be undertaken with proper consideration and an understanding of the regulations and responsibility involved.
To improve the quality of financial advice and provide additional consumer protection to taxpayers, the laws governing advice on self managed superannuation funds changed on 1 July 2016.
Pretium Solutions Pty Ltd has ensured our business is up to date with these new requirements so that we can continue to provide you with the necessary advice in relation to your SMSF and superannuation in general.
The changes introduced mean accountants are now unable to provide SMSF advice without either holding an Australian Financial Services Licence (AFSL) in their own right or being an authorised representative of a licence.
In order to comply with these new laws, Paul Sweeney has become an Authorised Representative of Merit Wealth Pty Ltd, holder of an Australian Financial Services Licence No. 409361.
Being the trustee of a Self Managed Super Fund gives you greater control and flexibility over your investment, but it also means you’re responsible for serious legal decisions surrounding your fund.
We can provide tailored SMSF solutions and strategic advice to help better manage your SMSF and focus on what’s most important to you. We work with you on your SMSF strategy, maximising the performance of your investments while keeping costs at a minimum.
As an Authorised Representative of Merit Wealth Pty Ltd Pretium Solutions Pty Ltd can advise you on:
Setting up a SMSF
Making Contributions into your Superfund
Use of a borrowing arrangement within your SMSF
Starting and stopping pensions
Winding up your SMSF
Limited Authorised Representative
Want to know more about Self Managed Superannuation Funds (SMSFs)? Download our guides and fact sheets here.