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.
Tracey Spicer talks to John Maroney, CEO of the SMSF Association, and Meg Heffron from Heffron about Rice Warner’s 2020 report on SMSF costs.
Self-managed super fund (SMSF) expenses can be tax deductible provided that they comply with Australian taxation legislation.
Self-managed superannuation funds are often referred to as do it yourself funds or DIY Super. But how DIY can they really get? It it even possible to do everything yourself and if you were, how significant would the savings be?
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.