With over 1.1 million Australians choosing to manage their own Self Managed Super Fund, it has become a popular option for those wanting more control over their retirement savings.
An SMSF offers control, flexibility, and choice but ultimately, they aren’t the best option for everyone: it comes down to individual circumstances. One of the goals of SMSF Week 2020 was to provide the SMSF community with tools and resources to answer one important question: When is an SMSF the right answer for you?
During the week, we published a two-page flyer to both inform and educate those thinking about establishing an SMSF and is supported with research conducted by the SMSF Association, analysing the real member experience of managing an SMSF.
At the time of publishing, the contents of this resource were accurate and correct.
Disclaimer: Research Papers contain factual information only and are prepared without considering particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. The information contained in this document does not constitute advice given by the SMSF Association to you. If you rely on this information yourself or to provide advice to other persons, then you do so at your own risk. The SMSF Association is not licensed to provide financial product advice, legal advice or taxation advice. We recommend that you seek appropriate professional advice before relying upon the information in this research paper. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this paper is not considered financial advice for the purposes of the Corporations Act 2001. © SMSF Association.