Some of the advantages of DIY Super Funds are:

You as trustee control the investment decision and the asset mix. Trustees recognise the importance of controlling their Superfund investments and the effect their choices will have on their living standards in the future.

Trustees can invest in areas such as currencies, Interest Income, Artwork, Gold, managed funds, shares, business or residential property i.e. practically whatever the trust deed and the investment strategy of the fund allows.

Trustees have the choice to pick shares in Australian and / or overseas Stock Exchanges or buy residential property in regional areas of Australia or overseas where growth and return cycle suit their investment style.

DIY Super Funds pay tax @ 15% on contributions and Income. This is tax effective for Individuals whose investments are positively geared and tax is paid at the highest marginal rate. DIY Super funds have become a powerful wealth creation tool enabling ordinary Australians to maximise their income and lifestyle in retirement.

DIY Super Funds pay tax @ 10% tax rate on Capital Gains provided assets are owned for over one year.

Australian companies pay franked dividends where tax is already paid up to 30% and produce tax credits, which can be offset against other income and contribution of DIY Superfund.

When you retire, you can pay yourself a pension from your fund and adjust the payments as per your requirement. A DIY Superfund can be used as a flexible and highly effective estate planning tool enabling tax free lump sums to spouses and concessionally taxed income streams to children.

Most Publicly offer Super funds offer a plain Vanilla style life & Permanent disability Insurance Policies. With you own DIY super fund, you can organise various types and amounts of insurance policies on offer by various insurance companies.

Further, the insurance premium is tax deductible to your DIY Super Fund.

Most publicly offer super funds charge a percentage of fund balance as management fees (not based on income) even if there is a negative return, the fund manager is still entitled to their management fees. Either way the fund managers get paid.

Consolidating your family's Super into one DIY Superfund can reduce these costs, as there is only one fund instead of up to 4 (DIY Super Fund can have maximum of four members) separate funds incurring costs.

Further our annual administration fixed fee structure may be lower, in most cases with family fund balances of $75,000. Click here for our fee structure.

Family members can belong to one DIY Super Fund. Minimum one and Maximum four members can join a DIY SMSF. It is not uncommon to find that Australians who have had numerous jobs over a number of years have several policies with different Super funds.

In many cases workers do not even know that these policies exist. There are currently hundreds of millions of dollars in unclaimed Super moneys in the control of the Australian Taxation Office. All these monies could be consolidated and kept under one cover, your own family DIY Super Fund.

Having your own DIY Superfund means that you can consolidate your family's Super, allowing you to make a family decision as how to invest your collective family Superannuation benefits. More importantly instead of having all family members to pay a set of fees individually, to several Super funds, you will not pay anyone to manage your DIY Super fund.