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Should I start a Self-Managed Super Fund (SMSF)?

2nd August, 2019

Starting and running a SMSF involves significant time, effort, responsibility and cost. Most people start an SMSF to have greater control over their retirement funds, however, unless you have a lot of money (minimum of $500,000), it can be very expensive. You would also need to be confident about choosing investments or consider paying an expert to help you. Go to the MoneySmart website for more information on what’s involved.


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