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Post by Wayne Shultz on Jul 11, 2024 14:40:02 GMT
A Self-Managed Superannuation Fund (SMSF) is a type of superannuation fund that allows individuals to manage their own superannuation assets, investments, and financial decisions. An SMSF is a trust-based structure that is owned and controlled by its members, typically with four or fewer individuals. SMSFs offer greater control, flexibility, and investment options compared to traditional retail superannuation funds, allowing individuals to tailor their investment strategy to their specific goals and risk tolerance. This can be especially important for high-net-worth individuals, business owners, and those nearing retirement, as an SMSF can provide greater control over their retirement savings and potentially higher returns on investments. SMSF Gold Coast
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