Is self-managed superannuation right for me?

Self-managed superannuation is not for everyone. 

ASIC has a series of warnings for those thinking about establishing an SMSF and the ATO have their own recommendations for those considering an SMSF. 

The Australian Taxation Office has released a consumer guide comparing SMSFs with other superannuation funds. The guide provides high level comparisons across areas including:

• Members and trustees
• Responsibilities
• Investments
• Insurance
• Regulation
• Complaints and disputes
• Fraudulent conduct or theft.

The full text of the guide can be accessed here