Increasing Self-Managed Super Funds & SMSF Estimation by Romeo Property Valuers

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As self-managed super funds (SMSFs) continue to grow, the demand for SMSF valuation services is also rising.

Self-managed super funds (SMSFs) are a type of superannuation fund managed by its members.

A recent Australian Securities and Investments Commission (ASIC) report claimed, “the number of SMSFs has more than doubled over the past six years, with almost 1.1 million SMSFs now in operation.”

This rapid growth is mainly driven by retirees and other investors looking for more control over their retirement savings. SMSFs offer investors a high degree of flexibility and management, as they can choose their investments and manage their finances.

However, with this added flexibility comes added responsibility, and SMSF trustees need to understand the valuation requirements for their fund. A well-conducted SMSF valuation can help trustees make informed investment decisions and ensure that their fund complies with all legislative requirements.

This is where experienced property valuers like Romeo Property Valuers can play a critical role. They have extensive experience valuing property assets, including those held by SMSFs. They can help you to accurately assess the value of your fund’s assets so that you can be confident that your SMSF is compliant and best positioned for success.

They differ from traditional superannuation funds in that they are often smaller and have a limited number of members, usually family or friends. This allows the members to control how their superannuation is managed.

SMSFs also have stricter rules around investments and governance than traditional funds. For example, SMSFs can only invest in certain types of assets, and the trustees must make all decisions about investments of the fund.

Romeo Property Valuers is a leading provider of SMSF valuations in Australia. Their team of experienced valuers have extensive knowledge of the SMSF market and can provide you with a comprehensive valuation report that meets all ASIC requirements.

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