Take control of your super
A super fund that’s run by you, for you
An SMSF can give you greater control and autonomy over your super. AMP SMSF Administration tools and accounting services make it easier for you to focus on making the investment decisions for your super.
What exactly is an SMSF?
A self-managed superannuation fund (SMSF) is a super fund where you’re in control. You’re not only a member, but also a trustee. You choose the investment strategy and manage the investments.
An SMSF is flexible enough to allow you to invest in different assets like property, private companies and international assets.
An SMSF can have up to four members. Pooling your funds to build up the balance can give your SMSF more investment options.
Learn more about SMSFs.
SMSF insights program
Register now to receive weekly emails to help you to build your SMSF knowledge. This six-part program explores things to consider when running an SMSF.
Why choose an SMSF instead of traditional super?
SMSFs have a few key advantages over retail and industry super funds
You choose the investments
You choose what your super is invested in, and you have more options, like investment property. A traditional super fund tends to invest in default investments which may not suit your personal investment goals. You’ll be responsible for keeping track of the investments and making the right investment decisions for your SMSF.
See what’s happening
Monitoring and controlling your SMSF’s transactions is directly done by you, which provides greater visibility of your SMSF’s investments and their performance at any time.
Keeping it in the family
You can add family, friends and partners as members of your SMSF (up to 4 members are allowed). A bigger balance could give your SMSF more investment options and might be more cost effective.
Controlling the costs
The costs will depend on the investments and are based on what you choose to do. Your SMSF only pays for what it uses. This means you could reduce your super costs, but that’s up to you. You’re the one in control.
Tax advantages
While a traditional super fund aims to act tax effectively for all their members, your SMSF portfolio could offer more options for reducing tax.
Benefit your beneficiaries
An SMSF provides more certainty about who will receive your benefit should you pass away. There is also the flexibility to direct how benefits are distributed to take into account the situation of the beneficiaries.
How we make managing your SMSF simple
Stay in control with your SMSF online Dashboard
- Your Dashboard brings together everything you need to manage your SMSF.
- Stay informed of what you need to do and when.
- Set your SMSF investment strategy.
- Monitor your SMSF investments daily.
- Upload, store and view important documents.
- Download relevant news and reports.
- Set up and manage your beneficiaries, withdrawals and rollovers in one place.
We’ll help you get set-up
We’ll help you establish your SMSF, organise government registrations and set up investment providers. Our expert assistants are only a phone call or email away.
keep you up-to-date
You’ll have 24/7 access to your SMSF information to help you focus on the investment strategy and we will alert you when there are things you need to do.
and take care of the paperwork
We reconcile your accounts and investment transactions and take care of the paperwork, tax returns and compliance reporting that is required for an SMSF.
What’s next?
What is an SMSF?
You’ve just read this
Understand some key differences between an SMSF and traditional super
Make sure an SMSF is right for you
Suggested next step
Information to help you decide if an SMSF is right for you
Explore SMSF investments
Once you’ve decided an SMSF might be right for you, explore investment types for your SMSF
The AMP SMSF Administration service
Once you understand SMSFs, start one with the AMP SMSF Administration service
Still want to learn more about SMSFs?
Key things you need to know
Learn more about SMSFs to help you make the right decisions
Ask about permissible investments
Do you want to know if a specific investment is permissible for an SMSF?
It’s important to consider your particular circumstances and read the relevant Financial Services Guide (including the Terms and Conditions) before deciding what’s right for you. This information hasn’t taken your circumstances into account. On this page ‘you' and ‘your’ means the trustee(s) of your SMSF. As a trustee of your SMSF you are ultimately responsible for your SMSF, including the investment decisions that you make for your SMSF. If you need assistance, please seek a financial adviser. Any tax information provided is general, intended as a guide only, and based on our understanding of taxation laws current at date of publication. It is not a substitute for specialised taxation advice or an assessment of liabilities, obligations or entitlements that arise, or could arise, under tax law. We recommend consulting a registered tax agent / tax professional. Consider the SMSF Administration Solutions Pty Ltd Financial Services Guides (including Terms and Conditions) for information about our services, fees, and the remuneration and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you.
The AMP SMSF Administration service is offered by SMSF Administration Solutions Pty Ltd ABN 76 097 695 988 AFSL 291195 trading as AMP SMSF Administration, an AMP Group Company.