At Cordner Advisory, we believe that knowledge is power, especially when it comes to navigating the complex landscape of business and finance. Our Business Insights Blog is your trusted resource for a wealth of invaluable tips, expert insights, and updates in the world of finance, taxation, accounting, compliance, SMSFs, private advisory, and more. Explore our blog and unlock the insights that can take your financial journey to new heights.
Cordner Advisory Blog
Your Guide to Understanding SMSF in 2024
In 2024, Self-Managed Super Funds (SMSFs) continue to gain popularity among Australians looking for greater control over their retirement savings. With the ability to tailor your investment strategy, manage assets like property, and take advantage of tax benefits, an SMSF offers flexibility that retail and industry funds don’t. But with this freedom comes the responsibility of managing compliance and meeting strict regulatory requirements.
In this guide, we’ll explore everything you need to know about SMSFs in 2024, including the pros and cons, key responsibilities of trustees, and whether this retirement strategy is the right fit for your financial goals. Whether you're new to SMSFs or considering making the switch, our comprehensive overview will help you make an informed decision.
