First home buyers

Are you thinking of moving your superannuation savings into a self-managed superannuation fund (SMSF)? Here are some things to think about before you do.

What is an SMSF?
An SMSF is a private superannuation fund you manage yourself, regulated by the Australian Taxation Office.

SMSFs are different from mainstream funds regulated by the Australian Prudential Regulation Authority (APRA) which pool members’ savings and invest the money for them.