Discover the top benefits of engaging a CA SMSF Specialist
Last reviewed March 2023
As you plan for your retirement, managing your superannuation fund can be a complex and time-consuming process. This is where a Chartered Accountant Self-Managed Super Fund (CA SMSF) Specialist can help. At AKW, engaging our CA SMSF Specialist can provide many benefits, including expertise, compliance, ongoing support, and peace of mind.
In this article, we will explore these benefits in more detail, answering why you would engage an SMSF Specialist, what to expect, and the benefits to you.
Expertise
A CA SMSF Specialist has the knowledge and experience required to administer your Self-Managed Super Fund (SMSF) retirement savings effectively. They have in-depth knowledge of the regulations and compliance requirements for SMSFs, as well as a deep understanding of financial markets, investment products and taxation rules. They can assist SMSF Trustee’s to implement investment strategies, manage compliance requirements, and help you make informed decisions about your SMSF administration. This expertise may help you achieve your retirement goals in confidence and with no surprises.
Compliance
Maintaining compliance with ATO regulations is a critical aspect of managing an SMSF. A CA SMSF Specialist can ensure that your fund remains compliant with ATO regulations, reducing the risk of penalties and fines. They will keep Trustee’s up-to-date with any changes to regulations and provide guidance on how the changes may affect your fund. This ensures that fund administration, tax planning, and reporting are being managed to take advantage of superannuation concessions and your SMSF retirement savings are being maintained in accordance with the relevant legislation.
Peace of mind
Knowing that your retirement savings are being administered by a highly skilled professional can provide peace of mind for Trustees. Our CA SMSF Specialist can provide assurance that your fund is being administered in accordance with the law and best practices. By keeping you informed of any changes to regulations or market conditions that may impact your SMSF, they reduce the administrative burden facing SMSF Trustees. Our CA SMSF Specialist works in conjunction with your financial adviser to administer your SMSF.
AKW’s Wealth Advisers can provide guidance on how to optimise your SMSF for your retirement goals. With peace of mind, you can focus on enjoying retirement and even manage estate planning with confidence.
In conclusion, if you’re looking for expertise, compliance and peace of mind, when it comes to your SMSF, AKW can help. Contact us if you’d like to know more.
