A self managed super fund (SMSF) gives you complete control over where your superannuation is invested. This guide outlines what an SMSF is, the obligations and responsibilities of SMSF members and includes a step-by-step guide on how to set up your own SMSF. You can also compare a range of dedicated SMSF cash accounts.
What is a self managed super fund?
Like the name suggests, a self-managed super fund is a super fund that you manage yourself, unlike a retail or industry fund which is managed on your behalf. The purpose of the SMSF is to provide members (you plus up to three others) money in retirement.
Is an SMSF the right option for you?
While SMSFs offer great investment and tax benefits, they aren't the right option for everyone. There are a few things you must consider before setting one up, including the admin work that's required to maintain an SMSF, the various costs involved and the benefits and risks to consider.
SMSF administration and compliance
This guide provides a summary of the main things your SMSF needs to do to meet its legal and compliance obligations with the ATO.
SMSF setup costs
Read this guide to take a closer look at how much it costs to run an SMSF and how much money you need to invest to make it a viable option for your retirement savings.
Ready to set up your own SMSF?
Running an SMSF requires support from a variety of people, but they're not as daunting to set up as you might think. We've broken it down with a six-step process that will have you setting up your very own SMSF in no time. As part of the process, you'll also need to plan a clear investment strategy and choose a trustee structure. Read our comprehensive guides to lean how to do this in simple steps.
How to set up an SMSF in six steps
This guide breaks down all the steps you'll need to take to get the job done, including tips on choosing trustees, registering your SMSF and more.
How to plan your SMSF investment strategy
Find out how to effectively plan and set up your investment strategy, what you can invest in through your SMSF and all the factors you need to consider.
How do contributions and rollovers work with an SMSF?
You can contribute to your SMSF by rolling over your current super balance into your new fund, having your employer contribute the super guarantee into your SMSF and/or make personal contributions yourself.
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Compare SMSF bank accounts Compare SMSF bank accounts in Australia to manage your self-managed super fund’s expenses, place trades, accept member contributions and earn investment income.
What is a self managed super fund (SMSF) Learn how an SMSF works and how it’s different to a retail or industry fund.
Setting up an SMSF in six steps If you’re ready to start your own self managed super fund, follow our easy guide.
SMSF setup costs: How much does a self managed super fund cost? How much does it cost to set up and run an SMSF? How large does your balance need to be for an SMSF to be cost-effective? Find out here.
Are SMSFs covered by the government guarantee? Different rules apply to SMSFs when it comes to the government guarantee and we explain why here.
How to apply for an SMSF term deposit online SMSF term deposits offer a secure and steady way to boost your retirement balance, so here’s what you need to do to open an account.
Who Regulates Superannuation in Australia? Find out who regulates superannuation in Australia.
SMSF administration and compliance Follow this checklist to ensure your self managed super fund (SMSF) is set up correctly and remains compliant with the ATO.
How to plan your SMSF investment strategy Learn how to develop a strong SMSF investment strategy and what assets you can and can't invest in. Want an SMSF investment property? There's a few things to consider first.
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