Michael Jewell has been in the financial services industry since 1987. He has a deep commitment to clearly understanding his clients needs and providing quality solutions to meet their budget.
Michael recognizes the need for ongoing education is in the best interest of his clients and has completed studies qualifying him a Certified Financial Planner.
Michael believes that he can enhance their current and future position by adopting a goal based financial plan.
Michael believes there is a growing need for accurate information about self-managed or, as they’re sometimes called “Do It Yourself” (DIY) superannuation funds.
You, like many others, may be disenchanted with both the performances and the charges of your existing superannuation arrangements. One alternative you may consider is running your own fund.
There are some technical issues on which you should seek professional advice- just as you would with many of your financial, legal and tax matters, as to whether a self managed fund (as opposed to an institutionally managed fund) should form part of your financial planning.
Take a moment to consider the fact that:
- There may be limitations on when superannuation funds can be accessed.
- What your entitlements are, or
- What the money can be used for.
But this does not alter the fundamental fact that it is your money. Once you appreciate this, the real issue you must address becomes how best to achieve your objections with maximum benefit to you.
Link – www.firstchoicefinancialplanning.com.au