Should I have a SMSF?

Self-managed super funds or SMSFs are private super funds that you manage yourself, regulated by the Australian Taxation Office. SMSFs can give you investment flexibility, tax efficiencies and cost advantages in some cases.

It's important for you to know what you are required to do as a SMSF trustee before you take the step of creating one for your superannuation money.

Setting up a SMSF

SMSFs: Is DIY super right for you?

Running a SMSF gives you control over where your super money is invested but before you get excited about the positives of running a SMSF you need to ask yourself some key questions. Learn more about whether a SMSF is right for you from an independent superannuation website SuperGuide.

     

Setting up a SMSF

The ATO is the regulator of SMSFs - check out their comprehensive resources including videos and checklists to learn more about whether a SMSF is right for you and about the setup process.

Six advantages of an SMSF

Each type of superannuation fund has it owns features but setting up a SMSF provides some unique advantages worth considering according to Cuffelinks.

How to set up a SMSF

Thinking about taking control of your retirement savings with a DIY super fund? Read Choice's article about the pros and cons and what to keep in mind.

Different types of trustees

There are two ways you can set up a SMSF. Learn about the different types of trustees and what to do if you want to set up a single member SMSF.

What you need to consider when preparing an investment strategy

A key reason for many to set up a SMSF is to have control over the investments, however, there is a responsibility as trustees to formulate and implement an investment strategy. Learn more about what's involved in preparing a SMSF investment strategy and what you need to consider.

Do-it-yourself super

Learn about SMSFs from ASIC's Moneysmart website to see whether a SMSF is right for you. They cover the important topics of questions to ask before you set up a SMSF as well as how they work and what a SMSF can invest in.

What is involved in setting up an SMSF?

Setting up and operating a SMSF is a major financial decision. Check out the Self Managed Super Fund Associations article on what is involved.


Managing an SMSF

Are you meeting your general duties as an SMSF trustee?

Your duties and responsibilities of being an SMSF trustee are serious and extensive. Learn more from the SMSFA's article on the duties of trustees.

Winding up an SMSF

MoneySmart explains the reasons why you might want to wind up your SMSF and how you can go about it.

Trustee obligations

SMSF trustees are ultimately responsible for the operation of their SMSF. Read about trustee duties, responsibilities and obligations. 

Understanding the lifecycle of an SMSF

Recognising the different phases of your life and adjusting your retirement strategy to adapt to these changes is important. Learn more from the SMSFA's article on the lifecyle of a SMSF.

Administering and reporting your SMSF

As a SMSF trustee you have a number of administrative obligations. Read the ATO's guide on administering and reporting your SMSF.

Trustee duties

Investsmart has provided a good summary of SMSF trustee duties - day-to-day, monthly, quarterly, yearly, paying expenses and running meetings. It's all captured here for you.