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Self Managed Super Fund

Do it yourself super

MoneySmart provides some sage advice on managing your own super.

Some people want the hands-on control that comes with a self-managed super fund (SMSF). Of course, with added control comes added responsibility and workload.

SMSFs can be suitable for people with a lot of super and extensive skills in financial and legal matters. You must be prepared to research and track your super investments regularly if you want to manage them yourself. Super is your investment for your retirement, so don't rush in.

See full page here.

Reproduced with permission of ASIC.

Source: ASIC's MoneySmart website, moneysmart.gov.au, 30 March 2011.