Running a self-managed super fund (SMSF) gives you control over where your super money is invested, and access to a greater choice of investments compared to managed super funds, such as retail or industry funds.
As a SMSF trustee, you can invest in direct property, artwork and virtually any valuable asset. You can even purchase business property, such as an office, and use the property in your business.
Before you get too excited about the positives of running a SMSF, you need to ask yourself three key questions: Are you into commitment? Are you familiar with investing? Do you have lots of money, that is superannuation money?
Below are some of our key articles on Setting up a SMSF:
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SuperGuide was founded by Trish Power, author of Superannuation for Dummies, DIY Super for Dummies, Super Freedom, and many other books on super and investing, and Robert Barnes.