Superannuation, or super, is money that is put into a fund over your working lifetime to help support you in retirement.
There are various ways money can be contributed to the fund and a number of investment strategies and vehicles that can be used to grow your super over time.
Our financial planning team can assist you with understanding and growing your super so that it can work better for you in retirement, through a number of services, including:
- Self Managed Super Fund (SMSF) Advice
- Property in Super
- Consolidation/Rollover Advice and Lost Super
- Asset Allocation and Management Advice
- QROPS funds
Self Managed Super Fund (SMSF) Advice
A self managed super fund or SMSF is, as the name suggests, your own private super fund which you manage yourself.
It is an option for those who want to have complete control over their super. However there is a lot to consider before you open an SMSF, both financially and legally.
Our team has extensive experience with providing advice on SMSFs, helping you decide whether an SMSF is appropriate for your circumstances.
Should you decide that an SMSF is an option you want to engage, we can guide you through all components involved in setting up an SMSF, from establishment and naming trustees, to providing advice on investment strategies for the fund.
Contact us today to discuss your SMSF options with one of our financial planners.
Property in Super
You may have decided that you want to set up an SMSF to invest in residential property. Are you aware of all the regulations related to purchasing property in super?
Our financial planning team can guide you through the process of purchasing property in super and help you decide whether this type of investment is right for you.
We will consider your financial strategy carefully, ensuring that property investment is consistent with the pre-agreed investment strategy and risk profile of your super fund.
We will walk you through everything you need to know about this type of investment, from understanding the Limited Recourse Borrowing Agreement (LRBA) you will need to be able to borrow from within the SMSF, to compliance rules regulating investments within SMSFs.
If you decide that property in super is right for you, your financial planner will arrange for you to meet with one of our property investment advisers. Your adviser will work closely with your financial planner to understand your unique situation and provide recommendations on properties appropriate for your investment.
The Hopkins Group has over 35 years experience in providing property investment advice, recommending only properties that have passed our strict due diligence process.
Do you have multiple super accounts that you struggle to keep track of?
Consolidating or rolling over your super into a single account is one way many people decide to take control of their super.
With one super account you only need to worry about one set of fees and one super total, controlled by one investment strategy.
When we rollover your accounts, we can also assist you track down any super that you have forgotten or lost over the years.
To find out how we can help you find and consolidate your super, contact us on 1300 726 082 or click here.
Asset Allocation and Management Advice
Many super funds have their own investment strategies, which place their members into certain predefined categories.
We know that sometimes this approach isn’t the best way to grow your super, as it doesn’t necessarily take into account your personal goals and circumstances.
Our financial planners are qualified to provide advice on how to best manage your super and allocate your assets.
We can help you identify an investment strategy right for your super goals, assisting you determine what percentage of your super you wish to allocate to each asset class. We also provide ongoing management and advice, reviewing as necessary to ensure your super strategy is continuing to work well for you and your ongoing circumstances.
For more information on our asset allocation and management advice services, please contact our financial planning team today
Qualifying Recognised Overseas Pension Scheme (QROPS) funds are tax effective pensions (super) for British expats who have chosen to move from the UK permanently or are exploring their options to move internationally.
The Hopkins Group has a close working relationship with and engages the services of bdhSterling for clients who have or wish to have their UK Pension transferred to Australia. bdhSterling also have experience in applying for QROPS on SMSFs.