REI Super

SMSFs: Look before you leap

Some people like the idea of having control over their own super and are often attracted by the ability in an SMSF to invest in their own personally favoured residential or commercial properties.

Look at the pros and cons of SMSFs

There are important pros and cons to consider with self-managed super funds (SMSFs), however, including issues such as the level of control you can have, your responsibilities and accountability, legal and compliance requirements, fees and costs, and, of course, investment performance.

Do your research

Before you make the big decision to start an SMSF, check the information on SMSFs that has been made available by ASIC and the ATO.

Further information on SMSFs

ASIC’s MoneySmart website contains useful information on the practical realities of running an SMSF. Take a look at the following sections from their website:

Also see the comprehensive information on SMSFs on the ATO website:

Case studies

Braden Walters

Why run your own super fund?

Award winning agent Braden Walters has a very simple message for anyone in real estate thinking about going into self-managed super – you wouldn’t advise anyone to sell their own property, so why run your own super?

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Braden Walters

There’s no reason to go anywhere else

When Bettina Rogers set up a self-managed super fund 10 years ago, she thought she would be able to do more with it than she could, like investing, and selling property.

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Weighing up the costs

Is SMSF worth it?

Things are slowly getting back to normal for Adele Knight and her husband, whose lives took a sharp turn in 2014 when they both became suddenly unwell.

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