SELF-MANAGED SUPERANNUATION FUNDS

When it comes to Self-Managed Super Funds (SMSFs), you gain complete control over the investment decisions for your fund.

While SMSFs are a well-known concept, there is still considerable confusion surrounding the process and whether it is worth the effort, particularly when it comes to borrowing money for property purchases.

Lenders have been slow to embrace SMSF lending, largely due to the limited recourse nature of the loans, which makes their security position less robust for the lenders. This means that lenders typically require guarantees and cap the loan-to-value ratio at 80% to ensure their safety.

Determining whether a SMSF is suitable for you is crucial. While not everyone is capable of managing their retirement savings, a SMSF could be an excellent option for those who are confident in their ability to do so as it provides access, transparency, and control. If you are one of the many Australians who possess a good understanding of their investment requirements, then a superannuation plan that offers comprehensive options and complete control is essential.

Peony Finance’s tailored services can be adjusted to suit your specific needs, whether it involves managing specific investments or offering an end-to-end approach. While we’re here to support you, you will always have the final say.

Let us make it easy for you to reach your financial goals.

Contact Peony Finance today.