HardyCorp ConsultingSetting new standards for corporate consulting
Self Managed Super Funds
WHY You need to Take Control of Your Super !
One only has to look at recent events to realise that the value of institutional super funds are being decimated by global economic factors such as:
- The ongoing effects of the GFC;
- The collapse of the EURO Zone;
- Restricted Inter-Bank lending;
- Falling Property values worldwide;
- Onerous Government Compliance
- Ever increasing Mortgage devaluations.
Governments continually treated Super Funds like it was their money ……. and not yours !
AND ……. just Look at what happened In Australia during the GFC!!
Never before has there been such a need for Australians to take control of their own Super!!
- The Australian Resources tax has already cost the Australian share market over $200 Billion – most of which was held through institutional super funds controlling ‘mum and dad’ superannuation savings – now lost forever through Government stupidity and commercial ignorance!! (if any normal business was run like this it would go broke!)
- In addition, major projects have been publicly terminated, international resources investment companies have likened the Australian Resources tax to a form of Nationalisation and now regard Australia as an unattractive place to invest.
- The Australian dollar dropped from 93 cents to 82 cents against the US dollar and interest rates continue to rise. The end result is that this unparalleled Government stupidity will cost Australian jobs, devastate institutional super funds, and destroy future economic buoyancy – and the hopes and dreams of many Australians facing imminent retirement.
Self Managed Super Funds (SMSFs) are usually established to allow people to take control of their institutional superannuation funds. Existing institutional funds are released through rollover into the SMSF allowing the SMSF to leverage its funds and dynamically accelerate the fund by investing in the more secure and stable residential property market.
Super Funds are not allowed to borrow money or have a mortgage so this requires a specialised structuring process to be implemented which integrates with the SMSF in a 100% government compliant manner; ensuring that the lenders (banks) are prepared to loan funds to the specialised structure on a limited recourse loan basis.
Would you like to speak to one of our business consultants? Just submit your details and we’ll be in touch shortly. You can also email if you prefer .
Email: admin@fiducialgroup.com
Phone: 07 3256 4789