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  • Self-managed super funds

    Self-managed super funds (SMSFs) are a way of saving for your retirement.

    Changes to the super system announced by the Government in the May 2016 Budget are now proceeding.

    The difference between an SMSF and other types of funds is that the members of an SMSF are usually also the trustees. This means the members of the SMSF run it for their benefit and are responsible for complying with the super and tax laws.

    Recent changes to super may affect SMSFs. Visit ATO CommunityExternal Link to see what the community is talking about or read on to find out more.

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    Last modified: 30 May 2018QC 23300