Like other superannuation (super) funds, self-managed super funds (SMSFs) are a way of saving for your retirement. The difference between an SMSF and other types of funds is that, generally, the members of an SMSF are also the trustees. This means the members of the SMSF run it for their own benefit.
The ATO is the regulator of SMSFs.
Thinking about self-managed super
SMSFs are not for everyone and you should think carefully before deciding to set one up. It is a major financial ...