A SMSF is a Self-Managed Superannuation Fund. The difference between a SMSF and a traditional superannuation fund is that fund members are able to become trustees of the fund. As a trustee, the member is able to devise an investment strategy for the fund and choose the investments for the fund.

Whereas for typical retail funds, the investment strategy and product is devised by other people and investment managers. This gives members of SMSF’s more flexibility and choice over their superannuation investments. The Australian Taxation Office (ATO) regulates superannuation funds that meet the definition of a SMSF.

Investments that are able to be chosen that are not typically available in retail superannuation funds among other things include shares and Investment properties.

Hyland Investments is connected with some of Australia’s leading cutting edge specialists in the field of Self Managed Super Funds and will refer the services of such a specialist to any of our clients where the need is identified.