Self-managed super funds (SMSFs) are altnerate way of saving for your retirement and have become increasingly popular over recent years.
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.
Like all financial investments it is important you obtain advice to make sure this option is for you.
