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DIY Superannuation
Cleardocs
Multiport
Investment Opportunities > DIY Superannuation Print this page [ A ] [ A ] [ A ]


DIY Super

Access the full potential of your self managed super fund through our preferred specialists:

Cleardocs
Clear, fast and easy way to set up your super fund online.

Multiport
Access preferred pricing on the establishment and administration of DIY super funds through Multiport.

 
Self managed super funds (also known as DIY superannuation) enjoy the same tax concessions as a public offer superannuation fund so long as the fund complies with super law. Depending on your situation, self managed super will allow you to take full control of your super and access a greater variety of direct investment options not normally available through a public offer super fund. Some of the main advantages of managing your own super includes:
  • Greater control over your super and what you invest in (subject to meeting super rules).
  • More investment choice such as shares, managed funds and direct property.
  • Inclusion of up to 4 members as individual trustees  or alternatively can act as the directors of a corporate trustee of your super fund.
  • Potential cost savings when you have a substantial super balance (usually more than $300,000).
  • Possibility of borrowing to invest in certain assets.
When running your own super fund, as a trustee you need to adhere to super and tax laws in what is a complex and ever-changing area. It's important to have access to professional services and resources to help you access the full potential of a DIY super fund. 2020 DIRECTINVEST has made these services available through our two preferred specialists: a cost-effective DIY online set up solution that is clear, fast and transparent and a full service DIY Super establishment and ongoing administration provider.

Investors who are currently considering setting up their own DIY super fund may wish to visit the following webpage which provides information on the advantages and disadvantages of self managed super funds.