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Australians are now living longer and Government policy is to encourage (and compel) us to fund our own retirement. Munro Doig regularly provides advice and assistance to clients in relation to Self-Managed Superannuation Funds (“SMSF”). There are now nearly 500,000 SMSF’s in Australia. They are popular due to members having full control of their investment and their investment options; and access to significant tax concessions.
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