Establishing and running an SMSF is a major financial decision. As trustee(s), you are solely responsible for operating the fund and complying with the law. While SMSFs are great for some people, they don’t suit everyone. Managing an SMSF takes time, knowledge, skill and money.
We can’t recommend that you set up an SMSF, but our partner can help you set it up if you’ve decided or been advised elsewhere to do so.
We are proud to have partnered with the SMSF Association, an independent organisation established to inform, educate and inspire all Australians who self-manage their super.
The ATO have comprehensive resources to educate and inform potential SMSF trustees. Here are three guides we think you should read: