Advantages and Disadvantages of Self-Managed Super Funds

Self-managed super funds (SMSFs) are a popular choice for Australians looking to take control of their retirement.

But what are the pros and cons of setting up an SMSF? In this video, we'll weigh the advantages and disadvantages of self-managed super funds, including the flexibility and control they offer, as well as the added responsibilities and costs that come with managing your own fund.

We'll also discuss some of the key considerations to keep in mind when deciding what type of property is required, including the size of your super balance, costs involved and process required to go through.

By understanding the pros and cons of SMSFs, you'll be better equipped to ask your accountant and broker the right questions.