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Before you set up your SMSF


An SMSF gives you control over your superannuation and how it is invested. However, control also means being responsible for managing your retirement funds, which involves significant time and effort. Before you set up an SMSF, it’s important you understand your legal responsibilities. As trustee of your SMSF you are ultimately responsible for running your SMSF and ensuring it complies with superannuation law. Before getting started with your SMSF, spend some time reading through our online articles which help you understand who can set up an SMSF and the big decisions you need to make as part of setting up your fund.