Best Practice Tools and Resources for a better retirement
Self-Managed Super Funds ("SMSFs" are an increasingly popular vehicle but managing them can be complex and getting things wrong can be costly. At Best Practice SMSF our goal is to help Australians with SMSFs get things right when establishing, managing, and winding up their SMSFs. Our tools and resources educate Trustees so they can either have more confidence if they are managing things themselves or know enough to keep the professionals managing their SMSFs accountable.
Additionally, the tasks required when setting up an SMSF and keeping it compliant can be complex. Some processes can be time consuming and seem irrelevant or impractical to those new to SMSFs so mistakes continue to be made. Don't assume that your Accountant or Adviser is right either. SMSF Accounting is a specialist area, and it isn't worth cutting corners when managing your SMSF.
You may not even be aware that you currently have a missing or incorrect document or transaction that may cost you thousands of dollars to fix in the future.
or.....
Do you have an existing SMSF?
Thinking about an SMSF?
If you are in the process of gathering information about Self-Managed Super, this is the perfect place to start. Before making the decision to set up an SMSF, you should educate yourself on not only what you can and can't do with an SMSF, but also what is involved in running an SMSF. This is why our focus is on helping people just like you get a good understanding on what processes need to happen throughout the SMSF journey. Many Australians jump headfirst into setting up an SMSF without knowing what steps need to happen and what order they need to happen. We can help here. Our Best Practice SMSF membership is a unique offer and valuable even prior to the establishment process.
To get you started we have Free Resources available to you so you can learn more about SMSFs. Our team have been working with SMSFs for many decades so we've seen a lot of what goes well and what doesn't. What drives our business is a passion for SMSF Education in both SMSF compliance and also the processes that scaffold the establishment, annual administration and wind up of an SMSF.
Why do it all alone?
Practical Tools and Resources
Our unique SMSF videos, Templates and Checklists are designed for everyone with an interest in getting to know more about Superannuation and SMSF's - including current SMSF Trustees, those who have decided to set up an SMSF or adults with an interest in their parents SMSF.
Get access to tools, guides and resources so you can better understand the administration of your SMSF. You could save time and money on your expensive accountants and advisers by being able to skip past the basics to get to the real strategies that will work for you faster. In addition to these resources, as a member of Best Practice SMSF, you will be able to tap into decades of practical experience.
You Don't Know What You Don't Know
Managing an SMSF can be complex, it is not only the compliance rules that can trip you up but sometimes it can be a step in a process that can put your retirement savings at risk:
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Understand the rules so you now what you can and can't do
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Get an understanding of the practicalities and processes around managing your SMSF
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Know what your Accountant, Financial Adviser, Lawyer and Auditor actually do
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Listen to success stories and apply them to your own situation
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Have the right questions to ask the SMSF Professional providing you with advice and service
The fact that you are here reading about superannuation means you have already taken that first step in being empowered. You want a better retirement outcome for yourself, your family and the next generations. You just need a guide or mentor to support you.
Introducing the Best Practice SMSF Membership
Whether you are just about to start your SMSF journey, or you already have an SMSF, get access to the tools and resources that will give you the best chance to stay compliant and avoid unwanted outcomes.
For a small annual fee, get access to practical resources to help you navigate throughout your SMSF journey.
Get access to all of our unique tools and resources with Our Membership
Our resources have been designed with your SMSF journey in mind. We have tools to practically assist you from SMSF Establishment through to wind up.
Your annual subscription gives you access to:
Practical guided Video courses
Easy to use Practical Checklists
Investment Strategy Templates
Quarterly Newsletter
Live Q & A sessions
Weekly Updates
Discounts on partner services such as SMSF Administration and Documents
Access to our Private Facebook Group managed by SMSF experts
New resources each month
Simply login and access the tools and resources as you need them.
I am glad I got hold of the Investment Strategy template. It saved me a lot of hassle and stress.
The design of the Investment Strategy Template and in particular the guided checklist made tackling the Investment Strategy simple and pain free. The step-by-step guidance is invaluable, breaking down what was complex and made it easy to complete.
Thanks, Best Practice SMSF, for creating a tool that help me navigate my SMSFs investment strategy with ease.
Aaron J
SMSF Trustee