SUPERANNUATION AND RETIREMENT

Superannuation

Blackburns offer superannuation services. After your family home, super is typically the second biggest investment of your life.

Super has great advantages, such as giving you the ability to reduce your personal income tax through making contributions, creating a forced savings system, leading to a tax free income during retirement.

What is Self Managed Super Funds (SMSF)?

A self-managed super fund (SMSF) is a private super fund that you manage. A SMSF could give you flexibility in investment choices, including commercial and residential property, term deposits, direct shares and collectibles.

There are a few risks associated with running your own SMSF that our team can help you navigate, including:

• Staying compliant
• Managing and tracking investments
• Minimising fees
• Understanding legislation and tax obligations