Industry fund launches SMSF profiler
Independent schools-based industry superannuation fund, NGS Super has developed an online SMSF Profiler tool to help people consider whether a self-managed super fund (SMSF) represents the right choice for them.
Describing the SMSF Profiler is an industry first, NGS Super chief executive, Anthony Rodwell-Ball said it had been developed after member research indicated there was a need to provide an objective and succinct service, which delivered accurate information on, and assessment of, the option of an SMSF.
He said the concept arose due to the significant volume of information in the marketplace on SMSFs which was "often biased, conflicted or just plain scaremongering".
"With so much information out there both encouraging and deterring people from setting up an SMSF, it is incredibly tricky for individuals to understand if they're right for the job," he said. "The SMSF Profiler is an online, multiple choice questionnaire that assesses an individual's suitability for managing their own SMSF across pivotal areas; asking critical questions that need to be considered, guiding them to make an informed decision."
"The tool has been developed because we want to support our members and the public in making an informed decision about running their own SMSF; we want to help people make the right choice for their future," he said.
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