Setting up your own SMSF (Self Managed Super Fund)

Expert advice on the creation, structure and ongoing management of your SMSF

As of ATO’s March 2019 SMSF quarterly statistical report highlights, there are now 598,429 self-managed super funds (SMSFs) in operation with a 1,129,542 total number of members, managing an estimated $747 billion in assets.*

With more and more Australians choosing SMSFs to help them meet their retirement aspirations, it is essential to get the right advice and consider your options relating to SMSF.

Self Managed Super Fund Minimum Amount

On average, SMSFs with balances below $500,000 have lower returns after expenses and tax than funds regulated by Australian Prudential Regulation Authority (APRA) (Source:

SMSFs are an increasingly popular option for many Australians as they allow you to:

  • Have complete control over your retirement portfolio
  • Have increased investment choice and flexibility
  • Potentially reduce administration fees
  • Purchase an investment property leveraging your super fund
  • Manage or eliminate Capital Gains Tax
  • Pool your superannuation assets with a partner or family
  • Control who benefits from your estate

We can help you with

  • Establishing a Self-Managed Superannuation Fund (SMSF)
  • Limited Recourse Borrowing Arrangements (LRBAs)
  • Transition to Retirement Strategies (TRIS)
  • General advice on SMSF product classes
  • Contributions strategies (concessional and non-concessional)

Talk to us today about your existing SMSF or if setting up your own super fund is the right choice for your circumstances.

Licenced SMSF Advisor

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Taggart Super Pty Ltd (ASIC No. 1235167) ABN 81 607 878 928 is a Corporate Authorised Representative of GPS Wealth Pty Ltd ABN 17 005 482 726, Australian Financial Services Licence Number 254 544. Raymond Taggart (ASIC No. 1235169) is a Limited Authorised Representative of GPS Wealth Pty Ltd ABN 17 005 482 726, Australian Financial Services Licence Number 254 544. | Privacy Policy | FSG

This information has been prepared without taking into account your objectives, financial situation or needs. Because of this, you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation or needs.

*as at March 2019, according to the latest SMSF statistics released by the Australian Taxation Office (ATO). Australian Prudential Regulation Authority (APRA) is the prudential regulator of all super funds, with the exception of SMSFs, which are regulated by the ATO.

Our Reviews on Google

  • review rating 5  Ray and his team helped us create an extremely tax effective structure to reduce our tax obligations, maximise our returns and protect our company and private assets. We can now plan for retirement with confidence and certainty. I would highly recommend Taggart & Partners and only wish I'd changed accountants years ago! (The reserved parking sign with our names on it was also a nice touch!)

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  • review rating 5  I was introduced to Ray Taggart when I abruptly learnt that "our existing accountant wasn't an accountant!" Ray and his team immediately took us on board and over a short period of time ensured compliance when it was needed the most. To know that you have a support team in the background such as Taggart & Partners, a team who will ensure that all aspects of owning and operating a small business is kept compliant, is a breath of fresh air. Ray and his team are always on the other end of the phone (or email) and a response to queries is always received within twenty fours - much different to what we had become used to in the past. I cannot recommend Taggart & Partners enough, thankyou!

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