Self-Managed Superannuation Funds (SMSF) | Newcastle | Elliot Watson Financial Planning

What is a self-managed super fund & how does it work?

November 29, 2024
Elliot Watson*
Self-Managed Superannuation Funds (SMSF), Superannuation

A self-managed superannuation fund (SMSF) is a private superannuation fund that allows you to control your retirement savings. Unlike retail or industry super funds, SMSF members are also the trustees, meaning you can make decisions about how your fund is…

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The pros and cons of a self-managed super fund (SMSF)

February 7, 2024
Jose Hernandez*
Financial Planning, Self-Managed Superannuation Funds (SMSF)

Many Australians have opened self-managed super funds (SMSFs) to control their retirement savings. In fact, according to the latest statistics from the Australian Tax Office (ATO), there are 603,432 SMSFs in Australia with a total of 1.1 million members - and…

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