Self Managed Super.

Why start a Self Managed Superannuation Fund?

Self Managed Superannuation Funds (SMSFs), which now represent the largest segment of the Australian superannuation industry, have been popular for essentially two key reasons, control and flexibility.

Unlike industry super funds and ‘retail’ funds run by companies like AMP, BT or OnePath, a SMSF is a fund that you run for yourself. You, along with assistance from your financial adviser, get to decide where and when to invest your funds – in other words, you get to take an active role in setting and implementing the investment strategy for your own fund.

Free from some of the investment restrictions typically imposed on other types of superannuation funds, a SMSF allows you to structure your own unique portfolio to suit your particular view of the world.

Virtually anyone can join a SMSF, including those already receiving a pension, but you should check with us to confirm your eligibility before going any further.

How does an SMSF work?

Regulated by the Australian Taxation Office, successfully running a SMSF requires skill, time and diligence. Consider the following …

What are the costs?

Depending on the scope of work required, establishing and registering a SMSF would typically cost $1,650 (incl GST) initially. In terms of annual costs, ongoing compliance (including the preparation and lodgment of annual statements and returns) and external auditing fees may total approximately $3,000 pa (incl GST).

Of course, these fees are indicative only and will ultimately depend on the complexity of your affairs. Let's talk.