Superannuation

Our value to you is

  • driven to outperform market results;
  • maximise opportunities to reduce tax;
  • accurate and timely administration of your fund

Superannuation

Morgan Wealth can advise employers, employees and business owners how they may most effectively use the tax concessions afforded to superannuation together with sound investment advice to accumulate wealth for retirement.

We provide investment and superannuation advice and administration services for:

  • self-managed superannuation funds;
  • corporate superannuation plans; and
  • personal superannuation plans.

As you approach retirement, we can help with strategies to access superannuation tax-effectively through the use of pensions and ensure that your children and others are able to use this investment capital in the most tax effective manner.

Self-managed superannuation funds

We generally recommend self-managed superannuation funds (SMSFs) for individuals who have superannuation accounts over $200,000. The key advantages of a self-managed superannuation fund are:

  • The ability to develop your own strategy;
  • Your choice of investments in shares, managed funds or other assets;
  • Potential for tax advantages; and
  • The ability to monitor the performance of your superannuation portfolio.

Our advisors can help you assess whether a self-managed superannuation fund is the right option for you.  We provide a full service of regular investment advice and a complete administration (detailed below).

Alternatively, you may wish to retain your existing investment advisers and take our superannuation advice and administration service to remove the administrative burden from you. Either way, we can provide you with secure online access to your superannuation fund portfolio.

SMSF administration

Establishing a SMSF comes with serious responsibilities and increasing supervision from the regulatory authorities. Breaches of the regulations can carry significant penalties for trustees.

At Morgan Wealth Management Group we provide you with peace of mind regarding the administration and compliance of your SMSF including:

  • fund establishment;
  • day-to-day management of fund accounts, including recording of all transactions and maintaining investment records;
  • annual trustee meetings and preparation of all minutes;
  • compliance, including annual audit and completion of all tax and statutory returns;
  • preparation and lodgment of GST returns for recoupment of GST paid;
  • maintaining a complete member history, records of contributions and benefits paid;
  • implementing and maintaining income streams (pensions);
  • assisting trustees and executors distribute fund assets in line with estate plans; and
  • 24/7 secure online access to your superannuation fund accounting and investment records.

Corporate superannuation

Over the past decade, there have been wide-ranging changes to the superannuation regime with the introduction of Superannuation Choice legislation and enhanced portability of benefits.

We can provide ongoing advice to employers and their payroll staff regarding their superannuation obligations, as well as to employees regarding the options available under the Superannuation Choice legislation.

With our proactive approach to our investment advice and our focus on absolute returns, we can provide employees with sound effective investment advice. Our dynamic approach to portfolio asset allocations is aimed at maximising investment returns throughout all parts of the economic cycles.

Personal superannuation

We are well placed to advise such individuals on their superannuation arrangements and to give sound and effective ongoing investment advice in respect of the superannuation portfolios together with any personal non-superannuation investments.

Through our investment advice and administration services we provide clients with up to date individual and consolidated investment performance reports for their investments whether they be superannuation or non-superannuation investments.

Superannuation pensions

Pensions and income streams have been subject to much legislative change in recent years. With increased flexibility, a well thoughtout and implemented retirement strategy is critical to ensuring your retirement needs are met effectively and are in line with your estate planning requirements.

As part of our comprehensive SMSF administration service, we ensure that your pension is fully compliant and reviewed on a regular basis to ensure the payment standards are met.

For those that have reached their preservation age we can also provide you with a transition to retirement strategy. Under the transition to retirement rules, if you have reached your preservation age, you may be able to commence an income stream from your superannuation fund whilst still working. By using salary sacrifice to take advantage of lower tax rates within superannuation together with the tax concessions associated with drawing a superannuation income stream, you can make a significant difference to your wealth accumulation leading up to retirement.