Superannuation has evolved to now being regarded as a central pillar to any wealth management strategy. Many people, particularly those in the earlier stages of their career, fail to maximise the advantages of the superannuation system. However, the evidence is clear; the earlier people are able to sufficiently structure their superannuation, the higher their balance come retirement.

While most Australian’s will have their superannuation savings housed in an industry, corporate or public sector fund – some will elect to manage their own superannuation with a self-managed superannuation fund (SMSF).

SMSFs represent one of the most tax effective investment, wealth creation and estate planning structures available in Australia. Some of their many benefits include:

  • Ability to invest in a wide range of assets
  • Significant estate planning flexibility
  • Cost savings for large account balances
  • Tax concessions
  • Asset protection advantages.

The superannuation landscape can be a vexed one, and is frequently subject to legislative and regulatory change, requiring SMSF members in particular to be across changes that impact their investment structure.

Each stage of the wealth cycle, whether accumulation, preservation and protection, or transferring, comes with its own unique approach to superannuation. As with all areas of wealth management, it should not be viewed as a one-off, but rather a long-term strategy.

How we help clients

HLB Mann Judd not only draws upon the experience and expertise of our Wealth Management team, but also utilises the services offered by our Business Advisory, Tax Consulting and Audit & Assurance professionals in offering a more holistic approach to your retirement needs.

We assist and advise across all aspects of superannuation. HLB Mann Judd has professionals across business divisions to establish, administer and consult on superannuation funds.

Our team of qualified and highly skilled professionals provide advice on a range of superannuation matters, including:

  • Superannuation and SMSF tax strategies
  • SMSF audit and compliance
  • Retirement and pension planning
  • Wealth accumulation and wealth management strategies.

As the nominated administrator of your SMSF, we also advise clients on the establishment and administration of the fund, including notice of election to become a regulated fund, trust deeds, nomination of death benefit beneficiaries, and benefit rollover documentation.

Our experienced professionals will manage aspects pertaining to annual financial and member statements, transfer balance account reporting, investment reporting, and PAYG payment summaries, and more.

Above all, the advice we provide to clients reflects their individual circumstances and retirement needs. This phase of life often leads to people recalibrating their objectives and can result in lifestyle opportunities, as well as issues which need to be carefully managed.

No matter which wealth stage you’re currently in, the HLB Mann Judd Wealth Management team can advise you on your superannuation and/ or SMSF strategy. Putting in place a plan now will ensure a financially sound retirement. Contact our team for a confidential discussion.

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Business Advisory
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Wealth Management