(EMAILWIRE.COM, July 10, 2012 ) Woollahra, New South Wales -- Today, specialist provider of self-managed superfunds (Switzersuperreport.com.au/smsf/' style=''>SMSF) advice, Switzer Super Report, unveiled its plans to help investors take control of their retirement investments, by providing personalized advice on SMSFs and superannuation programs.
years global Trust Barometer , launched by Edelman in January, identified a huge fall in confidence in large financial services institutes around the world, and as such, self-managed options are now on the rise. Investors in Australia are particularly astute when it comes to their investment funds, with the Australian Taxation Office figures showing nearly 33,000 new SMSF funds set up in 2011, taking the total number of SMSFs to over 442,000 across 841,000 members .
SMSFs are the fastest growing segment of the superannuation sector, as they allow individuals to take control of how their retirement savings are invested. said Switzer Super Report President, Peter Switzer. With this in mind, we wanted to create a low cost service that helps people maximize their after-tax investment returns, meet their legal obligations and grow their DIY super.
SMSFs, also known as DIY super funds, offer a number of advantages over alternative super investment vehicles, such as retail or industry super funds. Some of these benefits include tax effectiveness, potential cost savings and full control.
The website offers practical step-by-step advice to investors considering managing their own funds, includingkeystart-up considerations, legal requirements and potentialsuper trust investment strategies. Subscribers to the service receive frequent and relevant opinion on market trends, from the companys financial experts. Italsoprovides links to specialist retail administrators and trust deed providers, along with a comparison of fees and benefits.
We came to the conclusion that while people start SMSFs to take control of their financial affairs, theres a desperate need for information, education and advice to help investors make the right decisions in regards to their investments, concluded Switzer. The Switzer Super Report is investment focused and provides advice on all asset classes that are relevant to trustees.
About Switzer Super Report
Switzer Super Report is a niche provider of financial advice in the superannuation and self-managed superfunds (SMSF) markets. It offers investment strategies and guidance to anyone wishing to control their own retirement funds. Its management board includes renowned Australian financier, Peter Switzer and his team of experts. The company is part of the Switzer Financial Group, and is authorized under the Australian Financial Services Board to provide investment advice. For more information, visit http://www.switzersuperreport.com.au.
Switzer Super Report
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