Setting up an SMSF

Self-managed super funds have become a popular investment vehicle because they allow trustees to take control of their own retirement money.

Is an SMSF right for me?

Before making a decision to set up an SMSF you should work out if an SMSF is right for you.  Rewiew the ATO & ASIC's Thinking about self-managed super which walks you through six steps to work out if managing your own super is right for you.

If you think an SMSF might be right for you make sure you understand your responsibilities as a trustee before you take the next step.

Scroll down to the bottom of the page to find ASA's internal resources relevant to this topic or explore the questions below - links will take you to external sites in a smaller popup window.


What are the obligations of an SMSF trustee?

ATO SMSF Home Page The ATO site is the ultimate authority on SMSFs. Explore all the resources, watch informative videos and learn about your responsibilities as a trustee
Running a SMSF ATO downloadble pdf

Should I have individual or a corporate trustee?

ATO choose Series of pages plus a video on choosing the type of trustee for your SMSF
AMP presentation Short presentation on pro's & con's and costs
Morningstar Article on the benefits of corporate trustee
Insightsuper Concise article summarising pro's and con's
Cleardocs Key differences for SMSFs

What do I actually need to do to set up an SMSF?

SMSF Review Useful information on the actual set up process
Canstar How to guide

How do I wind up my SMSF?

ATO Rundown on the obligations and the process of winding up an SMSF
SMSF Review What you need to do to wind up an SMSF