Personal superannuation used properly can be a very tax effective investment plan, for your retirement.
Throughout your working career you will probably change jobs and when this happens you can rollover your employer superannuation into your own personal superannuation fund.
Setting up your own personal superannuation gives you the one investment vehicle to manage your super until you retire. Each time you leave your employer your employer super can be rolled over into your own personal superannuation fund. Doing it this way you will only ever have two superannuation funds one with your current employer and your own Personal Superannuation fund.

Flexibility of your Superannuation When you have your own personal superannuation account with the right type of administration platform you will have ultimate flexibility and control of your money. 

  • The platform should have the ability to have daily unit pricing and valuation
  • Produce a report on your superannuation performance over any date range
  • Provide unrealised Capital Gains tax report
  • Internet access with an up to date valuation on all investments in your portfolio
  • Able to choose different Fund Managers
  • Research Information about the different Fund managers in your portfolio
  • Choice of Alternative Investments types
  • Limited Choice of shares on the Australian stock market
  • Transparent fees charged to your account
  • Simple and cheap procedure to change Fund Managers or share holdings

Has your current superannaution account got all of these features ?
You might think, with all these services you would pay a fortune in fees. Well one of the great things about technology in the 21st century is that these services can be secured for a lot less than what most accounts are costing, currently in Australia. The reason for this is that modern admisitrative platforms built with current technology can charge less and provide better service than most older institutions in Australia.

Portability of your Superannuation:- Superannuation is portable, it's your money you own it, if you have superannuation you should think of it as yours.
Superannuation is complex and is hard to understand at times, but it is yours it is a part of your salary just as wages are yours the superannuation that your employer puts into your superannaution account on your behalf is yours.
It's worth the effort to organise your superannuation into one account. The account must have at least 80 - 90 different investment options with at least 15 - 30 different Fund Managers.

Discretionary Master Superannuation Funds:- As long as you have the right type of personal superannuation fund, you will be able to manage your fund efficiently and with ease.

You will need one that gives access to many different types of Fund managers:

  • Colonial First State
  • UBS Warburg
  • Fidelity Perpetual
  • Portfolio Partners
  • etc etc etc ....and many more

In addition to this, your fund must have access to many different types of asset classes:

  • Direct shares on the Australian Stock exchange
  • Direct property funds
  • Hedge Funds

Diversification:- Why do you need all these features...? Because by having access to all these different Fund managers and different asset classes you can reduce the Investment risk in your portfolio therefore reducing the possibility of losing money.
No guarantees, but by blending managers and mixing asset classes your portfolio of superannuation investments will have smoother returns on an annualised basis.


New Wealth Directions engages the services of two of Australia's premiere Investment research houses. A research house studies Fund Managers and rates their Investment funds based on a whole raft of criteria.
This allows us to construct portfolios for clients that include the best performing Fund Managers in their respective asset classes.

Spouse Contributions The tax rules provide for a tax rebate of 18% on up to $3,000 of after tax contributions made for a spouse whose assessable income plus reportable fringe benefits in the year of contribution is less than $13,800. The maximum rebate is available where the non-contributing spouse earns less than $10,800 of assessable income plus reportable fringe benefits in that year and the contribution is greater than $3,000. Thus the maximum rebate available is $540.

Ed note: Spouse includes both married and de facto spouses (not same sex couples).

No limit on spouse contributions!

There is no limit imposed on the total amount of spouse contributions which can be made. That is, the amount of spouse contributions which can be made in any year can exceed $3,000, it is just that the rebate is limited to the first $3,000 of contributions. Spouse contributions are required to be preserved, and the receiving spouse must be under 65 or aged 65 to 69 inclusive if working at least 10 hours each week.

Note that the contributing spouse can be any age.