Cost of Operating SMSFs 2020

November 2020

Our vision is to enable Australians to take greater control of their financial future through a sustainable Self Managed Super Fund (SMSF) community. We believe that every Australian has the right to a good quality of life in retirement and the right to control their own destiny. 

Further to this, we believe that better outcomes arise when professional advisors and trustees are armed with the latest information, especially in the growing and sometimes complex world of self managed super funds. This research report co-presented by Rice Warner and the SMSF Association, proudly supported by SuperConcepts, aims to educate, inform and assist existing and potential SMSF investors decide if an SMSF is a suitable and effective retirement savings vehicle for them. 

This report provides valuable insights to guide potential SMSF advice and can be used as a key reference point for all involved in the decision-making process. It is crucial SMSF investors have up to date knowledge and adequate education to be engaged and legally responsible to control their Self Managed Super Fund, ideally in partnership with an independently accredited SMSF Specialist Advisor. Over 1 million Australians have already made this important choice and our aim is to help those who are considering an SMSF for their retirement, to make informed and appropriate choices.

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Disclaimer: The information contained in this article is provided for educational purposes only, is general in nature and is prepared without taking into account particular objective, financial circumstances, legal and tax issues and needs. The information provided in this article is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should assess its relevance to your individual circumstances. While the SMSF Association believes that the information provided in this article is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the Corporations Act 2001.