If you’re prepared to do a lot of the grunt work yourself, running your own super fund need not be costly.
John Maroney, CEO of the SMSF Association provides further insight into Rice Warner’s recent report into the average costs of SMSFs, including the impact of property on costs, plus tips for SMSF trustees on reducing costs and finding suitable providers.
SMSFs can cost a bit to set up, but the latest research shows they quickly become cost effective to run.
A new report concludes that managing your own superannuation fund could cost less than you think.
Self-managed super fund (SMSF) expenses can be tax deductible provided that they comply with Australian taxation legislation.
Depending on who you believe, self-managed superannuation funds range from being the greatest invention of the modern age or the most likely cause of the next financial crisis.