Disclaimer
Practical Super offers and provides administrative services only. Practical Super does not offer financial, investment or legal advice in relation to the funds investment activities.
Who We Are
Practical Super is a group of industry experts that specialises in setting up Self Managed Super Funds SMSF for everyday people wishing to take control of their financial destiny.
We offer the most efficient and affordable professional services in the industry and we encourage potential clients to contact us at any time to answer any queries and discuss how our services can meet your needs.
Our offices are located on the Gold Coast, Australia and we take pride in our 'one on one' approach when dealing with our clients.
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What We Do
Finally, there is now a simple and practical process that allows Australians to set up their own Superannuation Fund. At Practical Super we assist
our clients in this process, from start to finish, so your SMSF is set up and ready to invest for its financial future.
Using our services, we make it simple and affordable, using plain english, to set up this legal structure.
We also specialise in setting up the legal structure and formalities that enable your SMSF to borrow money to purchase investment properties (subject to obtaining professional independent investment/financial advice). Your SMSF can also buy and sell shares and other qualifying investments.
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Industry Overview
The broader Superannuation Industry (large Banks and Financial Institutions) would prefer that you leave your accumulated Super with them, charging you fees and other charges and delivering poor performance without your input or consultation. They discourage people from setting up their own SMSF by promoting the process as costly, complicated and impractical. This is simply not true.
Over the last 5 years these large Superannuation Funds have returned on average 0% net returns for their funds investors. They take their fees despite their poor performance.
It is estimated that over the next 10 years that 60% of new investment properties will be owned by SMSF.
Now is the time to be pro-active and break out of this generally accepted routine and take back control, after all, it's your money so you should be able to have a say as to how it is invested.
