Superannuation & Retirement Planning

Superannuation, as a wealth creation vehicle for retirement, can be a difficult area to navigate. From changes in the rules and the law, to strategies led by the government and the fluctuations in the economic climate it is extremely important to make the most of your retirement wealth building and superannuation.

SWT specialises in accounts preparation, taxation advice, investment strategies and compliance advice for SMSF’s and their trustees.

We also provide advice for super members of retail, wholesale, corporate and industry funds.

1. What are the super contribution rules?
2. When should I access my superannuation benefits - after you have reached preservation age and you retire? When you reach 65 years of age?  Upon death?

You could be entitled to access benefits earlier if you are permanently incapacitated, suffer sever financial hardship, or on other compassionate grounds. If you begin a Term to Retirement Income Stream (“TRIS”) or accounts-based pension as soon as you are eligible, you may be able to reduce capital gains tax within the super fund or as part of your overall investment, tax and wealth creation.

Is a Self-Managed Super Fund (SMSF) the right retirement vehicle for me?

There are a number of different reasons why people decide to manage their own super funds.

• A wealth vehicle for the whole family
• You have control over investment decisions
• Asset protection
• SMSFs allow you to gear your assets via limited recourse borrowing arrangements
• Having both spouses’ benefits in one fund to reduce costs and maximise retirement assets
• You’ll gain access to a wider selection of investment opportunities such as direct property investments
• SMSFs are attractive vehicles to hold your wealth and can be part of your overall tax minimisation strategy
• Insurance can be tailored to your own specific needs and changed as your life cycle changes
• When you commence a pension, the assets supporting that pension are exempt from capital gains tax and the pension you receive is tax-free

Can my SMSF borrow money to buy property?

What happens to my super when I die?

I’m about to move overseas. How does becoming a non-resident affect my superannuation fund?

SWT can assist you through your superannuation life cycles and the options which are best tailored to your needs during the phases of accumulation, retirement and death.

For those people where an SMSF is appropriate; be it in the set-up phase, the investment phase, the accumulation phase, the retirement phase and/or succession planning -

SWT is here to help.