It is essential that your self-managed superannuation fund has an investment strategy – not just because it is required by law but because it will help you grow you retirement savings.

There are a number of things for you to consider and our team at Sinnotts Accountants can facilitate this important part of the process. We need to consider the age, employment and retirement needs of members of the fund, along with the level of risk and what is appropriate.

Having a variety of investments always helps spread the investment risk – for example it is never a good idea to have all your funds investment in fixed assets like property.

Another important piece of your investment strategy is maintaining liquidity. The fund will need ready access to cash to pay administration expenses, income taxes and minimum income stream payments when they are due.

An investment strategy is not something you do just because it is required. It provides an important checks-and-balances role in the direction, monitoring and success of your fund.

It is not something you just set and forget. It needs to be regularly reviewed to ensure it meets the current and future needs of you and other members.

To discuss this further, please call your nearest office; complete our online contact form or email reception@sinnotts.com.au

Camperdown
19 Pike Street
03 5557 3337

Colac
58 Hesse Street
03 5231 4183

Warrnambool
192 Koroit Street
03 5561 5622

Port Fairy
38 Bank Street
03 5568 1402

You can book an appointment online anytime