Self-Managed Superannuation
Tailored SMSF support, personally managed by Rachelle Wilson
At Optimal, SMSFs are a core area of expertise—not just another service offering. All SMSF work is personally handled by Director and SMSF Advisor Rachelle Wilson, who brings deep expertise in superannuation legislation and a practical, client-focused mindset. As an SMSF trustee herself, Rachelle understands both the technical requirements and the real-world experience of managing a fund.
Whether setting up a new SMSF or managing an existing one, clients receive clear, personalised support and trusted advice every step of the way.
What is an SMSF?
An SMSF is a private superannuation fund that you manage yourself, rather than relying on a traditional retail or industry super fund. It allows you to make investment decisions and take control of your retirement planning. However, with great control comes great responsibility, as SMSFs must adhere to strict regulatory requirements set by the Australian Taxation Office (ATO).
Why choose an SMSF?
Greater Control
Choose your investments and tailor your strategy according to your financial goals.
Tax Benefits
Take advantage of concessional tax rates and tax-efficient strategies for your retirement.
Investment Flexibility
Invest in property, shares, term deposits, and other asset classes that align with your goals.
Estate Planning Benefits
Ensure your super is distributed according to your wishes, giving you greater control over your legacy.
Potential Cost Savings
For those with a larger super balance, an SMSF can be more cost-effective compared to traditional super funds.
Our Comprehensive SMSF Services
We provide a full suite of SMSF services to make managing your fund straightforward and stress-free:
SMSF Setup & Structuring
Assisting with fund establishment, trust deed creation, and member structuring.
Ongoing Compliance & Administration
Handling ATO lodgments, regulatory reporting, and ensuring adherence to super laws.
Tax Returns & Reporting
Managing annual tax obligations and providing timely reporting to keep you informed.
Audit Coordination
Working with accredited SMSF auditors to ensure compliance.
Pension & Retirement Planning
Structuring your SMSF to provide income streams during retirement.
Why Work With Us?
When you choose to work with Rachelle Wilson, you’re not just getting an SMSF advisor—you’re getting a trusted partner who’s committed to your financial success. Here’s why clients love working with Rachelle:
- Direct access to an SMSF expert: Work directly with Rachelle, who personally handles every SMSF.
- Personalised service: Receive strategies and advice tailored to your unique financial goals.
- Clear, jargon-free advice: Enjoy straightforward, easy-to-understand communication every step of the way.
- Deep expertise: Benefit from Rachelle’s extensive knowledge of superannuation legislation and practical experience.
- Real-world understanding: As an SMSF trustee herself, Rachelle truly understands the ins and outs of managing an SMSF.
- Ongoing support: Get continuous, hands-on guidance to keep your fund compliant, efficient, and aligned with your needs.
Frequently Asked Questions
Who can have an SMSF?
An SMSF can have up to six members, typically consisting of family members or business partners who wish to manage their super together.
Do I need an accountant for my SMSF?
Yes! SMSFs come with strict compliance requirements, and professional advice ensures your fund stays on track and meets legal obligations.
How much do I need to start an SMSF?
There’s no fixed minimum, but SMSFs are generally more cost-effective with larger balances (typically $200,000 or more). A larger balance helps cover compliance and administration costs while maximizing investment returns.
Can my SMSF purchase property?
Yes! SMSFs can invest in residential and commercial property, provided they comply with the sole purpose test and borrowing rules under limited recourse borrowing arrangements (LRBAs).
What are my responsibilities as an SMSF trustee?
As an SMSF trustee, you are responsible for making investment decisions, ensuring compliance with super laws, lodging reports with the ATO, and acting in the best interests of fund members.
Can I use my SMSF to buy a holiday home or personal assets?
No, SMSF investments must comply with the sole purpose test, meaning they must be used solely for providing retirement benefits. Purchasing personal-use assets like a holiday home or a boat is not allowed.
What happens if my SMSF becomes non-compliant?
If your SMSF fails to comply with ATO regulations, it may face significant penalties, including taxation at the highest marginal rate. This is why expert guidance is essential to maintaining compliance.
Can I borrow money to invest through my SMSF?
Yes, but only under specific conditions. SMSFs can borrow under a Limited Recourse Borrowing Arrangement (LRBA), which allows the purchase of assets while ensuring the lender’s recourse is limited to that asset.
Can I add more members to my SMSF later?
Yes, as long as the total number of members does not exceed six, you can add new members, such as family members or business partners, if all trustees agree.
How do I close an SMSF if I no longer want it?
Closing an SMSF involves a formal wind-up process, including selling assets, finalizing tax obligations, and lodging final returns with the ATO. We can assist you in ensuring a smooth and compliant closure.
Get Started Today
Whether you’re just starting or need expert guidance on managing your SMSF, our team is ready to assist you.
Book a consultation with Rachelle Wilson to discuss your SMSF needs today! Let’s take the first step toward your financial freedom together!