Investing Inside Superannuation

Investor Directed Portfolio Services

Investor Directed Portfolio Services (IDPS), also referred to as ‘Wrap Accounts’ or ‘Master Trusts’ (when structured as a superannuation fund), can be used to manage the investments of certain superannuation funds, including self-managed superannuation funds.

IDPS’s have become more widely used as an investment solution for those clients managing their own self-managed superannuation fund to manage their investment portfolio.

The main offering of an IDPS is to provide access to a wide variety of investment choices, including managed investments, direct shares, fixed interest and cash investments, from many different providers through the one platform. A key advantage of this is that reports are prepared for you by consolidating all investment options and returns on the one statement and in the one account. This makes it a ‘one-stop shop’ to evaluate your investments and any associated taxation considerations within your superannuation fund.