Retired: Do I Still Need a SMSF?
Welcome to Smart Private Wealth • Learning Centre • Case Studies
Welcome to Smart Private Wealth • Learning Centre • Case Studies
THE SITUATION
Jack and Maree are in their late 60’s and had their own SMSF with a combined balance of $1 million. The funds were invested in a balanced
managed fund. They had always been told a SMSF was best for them but they didn’t understand why, and found the annual process and cost not
something they wanted to deal with.
THE SOLUTION
We rolled over their superannuation funds from their SMSF to a Retail Superannuation fund with an appropriate risk profile.
We then set up the pension levels.
THE OUTCOME
Jack and Maree were so relieved. It was one administration task they didn’t want to have to deal with anymore.
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