Self-Managed Super Funds (SMSFs) have become an increasingly popular option for Australians seeking greater control over their retirement savings. Unlike traditional industry or retail super funds, an SMSF gives its members the ability to manage their own investment strategy, including direct property and share ownership. However, with this flexibility comes significant legal responsibility. If you are considering setting up an SMSF, it is essential to understand the legal framework, compliance obligations, and potential risks involved.
Read More