There are many benefits to creating a joint SMSF with your family. You and your partner can plan for retirement together and take advantage of new investment opportunities that an increased balance opens up. If your children are members, you can teach them about investing and the importance of building wealth for retirement. But for all the advantages, there can be problems too. This article examines both sides of the argument, enabling you to make the decision that best meets your needs.

General Advice warning:
Pearl Funds Management, an authorised representative AFS Rep No 001254808 of Banyan Securities Pty Ltd AFSL 484139
The information presented by us is general in nature and does not take into account your personal goals and objectives. It does not represent financial product advice. You should always seek independent legal and financial advice before making a decision in relation to a financial product. Read the Product Disclosure Statement (PDS) before making a decision. You should consider your own circumstances, needs and financial objectives before making a decision.

Kirstie Spicer
10 November 2014