What is a Self Managed Superannuation Fund?

A self-managed super fund is a superannuation vehicle which is run by you for you. As a member and trustee of your own self managed super fund you are in control of the investment decisions.

Legislation now requires all members of self-managed super funds to be trustees of the fund. Each fund must have two individual trustees or in the case of single member funds, the member can be trustee through the use of a special purpose trustee company.

The structure of a self-managed super fund is essentially the same as one managed by an institution. The major difference is that you are in total control of the investment strategy and specific investments within the fund.