Self-Managed Super Fund (SMSF) in Australia: A Simple Guide

Thu, 07 Nov 2024 10:22:59 +0000

A Self-Managed Super Fund, or SMSF, is a type of retirement fund that you manage yourself. In a self-managed super fund in Australia, you and up to three other members can pool your funds and make investment decisions. This means you have the power to decide where to invest, whether it’s in property, shares, or other assets, as long as it complies with Australian superannuation laws.