A Self-Managed Super Fund (SMSF) is a private superannuation fund that you manage yourself. Unlike traditional super funds, where your investments are controlled by a large institution, an SMSF gives you full control over how your retirement savings are invested. With that control comes responsibility, and it is vital to understand the rules, obligations, and benefits before you get started.

If you're considering setting one up, working with a Sydney financial planner can ensure your fund is structured correctly from the start. You’ll need to follow strict regulations, which is why getting professional financial advice is not just recommended—it’s essential.

A Parramatta financial planner can guide you through the setup process, from trust deed creation and compliance through to investment strategy and ongoing administration. At Macarthur Wealth Management, we help clients manage their SMSFs with tailored advice and personalised strategies. Whether you're looking at retirement advice or diversifying your portfolio with investment advice, we have the expertise to support you every step of the way.

Key Features of an SMSF

• You can have up to six members, typically family members or business partners.

• Members are usually trustees, giving them control over decisions.

• SMSFs allow more flexibility in investment choices, including direct property, shares, and term deposits.

• You’re responsible for meeting legal obligations, including annual audits and compliance with ATO regulations.

Is an SMSF Right for You?

An SMSF may be ideal if you want greater control, have the time and knowledge to manage your own investments, or wish to consolidate family super assets into one fund. However, they require time, skill, and ongoing attention. This is where the best financial adviser adds significant value—ensuring your fund is both compliant and effective in achieving your long-term goals.

Disclaimer
This blog contains general information only and does not take into account your personal circumstances. You should seek personal financial advice from a licensed professional before making any decisions related to your superannuation. For personalised support, contact Macarthur Wealth Management.