250 Free Self Managed Super Funds Available* If You Have Super, You Need a Financial Education by Jamie McIntyre
If you have super, you need a financial education to take charge of your financial future.
Which pretty much means:
No Australian can neglect their financial education… without dire consequences.
My suggestion? If you want to excel, and outperform fund managers, consider setting up your own self managed super fund (SMSF).
Between 2007 and 2011 there have been, on average, 2500 SMSFs established each month. And that number is rising.
Many people say, “If you only have $50,000 in super, it’s not worth setting a SMSF up”.
However a lot of younger people are doing the exact opposite and setting them up anyway, because they intend on using super as a long-term investment.
And instead of relying on poor performing, expensive fund managers, they’d rather be in charge themselves.
In 2010 the average cost of a super fund fell to $4,840 per year.
A fund with only $50,000 paid, on average, 7% on their assets in fees to run the fund.
But that’s not necessary if you have a value for money accounting firm.
For example: 21st Century Accounting SMSF fees are well below the industry average.
In fact it’s about 50% below with only approx. $2,500 for compliance and audit fees per annum, versus the $4,840 industry average.
Establishment costs for SMSFs are generally between $1,650 and $3,500.
Since expanding with new accounting partners, 21st Century Accounting have reduced set up fees to only $1,650 and is currently running a promotion to waive all set up fees for up to 250 clients.
The only condition (apart from it having to be suitable for a client to establish a SMSF) is that they remain with 21st Century Accounting for their SMSF services for 3 years.
Considering they average 50% below the average industry costs for ongoing fees, this is certainly great value! And also critical to ensure fund audits occur and compliance is met.
As Australians become more financially educated, there will be continued growth in the SMSF market.
As the leading financial education provider in Australia, we have invested a lot into the expansion of 21st Century Accounting. To improve customer service levels, and lower fees to make it even more affordable for the average Australian to access quality services and financial strategies that used to belong exclusively to the wealthy.
Increasing the wealth of Australians from all levels is an important part of what 21st Century Education stands for.
We don’t just educate you and then leave you to fend for yourself.
We were pioneers in the field for providing a one stop financial education and services model almost a decade ago.
And now the trend is being copied by other organisations. However, most are financial planning based and they lack the key ingredient.
And that is: financial education.
They can’t teach what they don’t know.
Nor is it their goal to have you independent, savvy, and empowered to make your own decisions.
At 21st Century we educate on a diversified range of strategies, to give our members choice and to remain impartial and unbiased.
For a free consultation with 21st Century Accounting visit: http://www.21stcenturyaccounting.com.au
NOTE: If you already have a SMSF and want to take advantage of fee rates 50% below the industry standard, as well as access valuable free education on tax minimisation and asset protection for savvy investors, move your SMSF to 21st Century Accounting.
Every client with a SMSF through 21st Century Accounting receives the Tax Minimisation and Asset Protection Homestudy worth $995 – for free!
Plus a copy of my brand new book, “What I Wish I Had Learnt About Superannuation Before It Was Too Late”.
You can also speak to our accounting team at one of our many 21st Century live events and receive a free consultation.
Jamie McIntyre is the founder of the 21st Century Group of companies and CEO of 21st Century Education. He is also bestselling author, successful entrepreneur, investor, sought after success coach, internationally renowned speaker and world-leading educator. www.jamiemcintyre.com
Jamie McIntyre is the founder of the 21st Century Group of companies and CEO of 21st Century Education. He is also bestselling author, successful entrepreneur, investor, sought after success coach, internationally renowned speaker and world-leading educator. http://www.jamiemcintyre.com
Author Bio: Jamie McIntyre is the founder of the 21st Century Group of companies and CEO of 21st Century Education. He is also bestselling author, successful entrepreneur, investor, sought after success coach, internationally renowned speaker and world-leading educator. www.jamiemcintyre.com
Category: Finances
Keywords: 21st Century Education,financial education,super funds,smsf,jamie mcintyre,21st century accouting