Self Managed Superannuation Funds (SMSF's) are a great way for you to control the investments, the costs and the direction of your fund and the benefits that will ultimately flow to members. SMSF's are however not for everyone and it is important to get the right advice, the right structure, the right trust deed, set up and investment strategies for your fund.
Managing your own super is a big responsibility. Superannuation is meant for your retirement, so there are special rules about how it's managed and when you can access it.

As the ATO says...................It is your money- but not yet.

At Harvard Capital we work to ensure anyone considering setting up a SMSF has the
information they need to make the right decisions.
We suggest that if you are considering your own SMSF then you should:

1. Seek Harvard Capital's professional advice.
2. Understand why you are considering establishing your own fund.
3. Ensure you have sufficient assets, time and skills to manage your own fund.
4. Understand and follow the relevant superannuation and taxation legislation.
5. Appreciate and understand the risks involved with a SMSF.
6. Tailor your Trust Deed and Investment Strategy to suit the funds assets and meet member    requirements.
7. Be sure you can meet your record keeping and reporting obligations.
8. Make sure you understand your annual reporting and auditing obligations.
9. Have a good understanding of the potential costs associated with running a SMSF.

The Australian Taxation Office (ATO), as regulator of SMSFs is responsible to help
protect the retirement income system by ensuring that SMSFs follow the rules
detailed the relevant superannuation and income tax legislation.

In recognition of the critical importance of being "a compliant fund", Harvard Capital is very focussed and will remain focussed on ensuring it's SMSFs are established compliant and remain compliant with the various legislative requirements applicable to such funds.