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Xero – Gold Partner

Does my SMSF need an investment strategy?

It is a requirement of all Self-Managed Superannuation Funds to have a written investment strategy.

The simple answer is yes!

The investment strategy provides the trustees with a framework and guidance for making decisions involving investments to increase members’ benefits.

An investment strategy is required to include, or at least consider:

  • The diversification of investments (a differing range of assets and asset classes)
  •  The risk and return on investments
  •  The liquidity of assets so the fund can meet its expenses and pay benefits when members retire
  •  The members’ needs and circumstances (such as their age and retirement needs)
  •  If the fund should hold insurance cover for the members

It is also important to regularly review investment strategies to take into account changing circumstances and needs of members.

Please contact Altitude Advisory for more information.

Kerri Stutley, Tumby Bay Foodland

Phillip Cross, Royce Cross Agencies