The situation

Tom (39) and Angela (43) came to see us because they wanted to have a higher level of control over the way their retirement savings were invested. They told me that they wanted to access investments and strategies that are not not available through retail or industry funds. Tom was experienced with investing in residential property and he and Angela wanted to invest their retirement savings into real estate.

How we helped

• We advised them about the suitability of a Self Managed Superannuation fund (SMSF) to their circumstances, advising them as to what is involved with establishing and managing an SMSF.

• We developed an investment strategy for the fund so that they have a plan in place for when the SMSF is established.

• We advised them as to the most suitable trustee structure for their circumstances.

• We liaised with their accountant to help set up the SMSF.

• We assisted with the consolidation of their other super funds into the SMSF so that they were ready to go when they found the right property.

The results

Tom and Angela are happy that they have taken more control over their retirement funds and have purchased an investment property in a growth corridor close to their current home.