Man looking at board thinking

What is a self-managed super fund?

A self-managed super fund (SMSF) is a way of saving for retirement that you manage yourself.

Members of an SMSF are in charge of all parts of the fund. This includes investment and insurance decisions, as well as reporting, tax, and compliance.

If you're considering self-managed super, you need to be aware of the considerable time and money commitments involved in running an SMSF account.

Facts about managing SMSFs

clock icon
8+ hours

The average time per month it takes to manage an SMSF (Moneysmart, 2023)

bag with dollar symbol icon
$8,200

The median total cost to run an SMSF in 2019-2020 (ATO, 2023)

Illustration of person working

Should I rollover my super to an SMSF?

No one can decide for you, but here are some of the benefits and risks to think about before rolling over your super to an SMSF.

Pros of an SMSF

  • Complete control over where your super is invested

  • Access investments that you can't through a super fund, such as art, stamps, coins, and even physical gold

  • Use your SMSF super to buy an investment property (but keep in mind, you or your family can't live in it)

  • Match your investment strategy with your personal goals, such as investing in sustainable or ethical assets

  • Make quick investment decisions as the market changes

Cons of an SMSF

  • It'll cost you time, as you're in charge of your entire investment strategy

  • You must meet strict reporting and tax requirements (or risk heavy penalties)

  • You might not get the investment returns you need to retire comfortably, and it can cost a lot of money to run

  • You could lose insurance or benefits if you rollover your super from a super fund to an SMSF. Learn more.

  • You aren't protected if you lose money due to theft or fraud

Winding up my SMSF

People wind up their SMSF for many different reasons. Whether you're getting closer to retirement or just don't want to manage the paperwork anymore, you might consider winding up your SMSF account.

To arrange a rollover from your self-managed super to a Super Savings account with us, follow these steps.

The rollover from your SMSF to Australian Retirement Trust or any other fund, needs to take place electronically using ATO SuperStream. We won't accept transferred funds from an SMSF via BPAY or cheque.

You don't need an Australian Retirement Trust BSB and account number to transfer to us. Here's some important details you may need for the rollover.

More about winding up an SMSF
Lady making notes

Take control of your investment strategy

If you want more control of your investment strategy, you don't have to rollover to an SMSF account. We have a number of diversified and single asset class options available that you can mix and match to suit your needs, without worrying about the extra risks involved in running an SMSF.

pie graph icon

Diversified options

Choose to invest in one or more of the options we've designed and manage for you. They offer diversification by investing in a few different asset classes (like shares, infrastructure, and fixed income) at once.

person icon with dollar symbol

Single asset class options

Let us know exactly how much of your super you want to invest in each of our single asset classes options. These can be used on their own or combined with our diversified options, to create your own portfolio of assets.

Want to know more?

Learn more about our investment options and how they can best suit your retirement goals and how much risk you're comfortable with.

Our investment options
phone ringing icon

Need more information?

If you're a member with us, you can speak to a financial adviser about what's right for your super – the cost is included in your membership.

Request a callback

Or call us on 13 11 84


Self-managed super fund FAQs

Here's some frequently asked questions about self-managed super.

Man spraying plants with water

Make your life easier today

Find out why so many Australians choose us to grow their super. It only takes a few minutes to join online, so you can rest easy knowing we're working hard for you.

Join usWhy choose ART?
Why choose usStrong performanceCommitted to lower feesChanging jobsJoin online
ART awards
Call 13 11 84

8:00am–7:30pm AEST Monday to Friday

More contact options

Fund name: Australian Retirement Trust 
Account type: Super Savings 
ABN: 60 905 115 063 
USI: 60 905 115 063 003

Changing jobs information
ART awards
More about our app

Disclaimer and disclosuresPrivacy policyMember outcomes assessmentTMDsMySuper product dashboardSitemap

© Australian Retirement Trust. All rights reserved.

Acknowledgement of Country
We want to respectfully acknowledge the Traditional Owners and Custodians of these lands, seas, and waters throughout Australia. We pay our respects to Elders both past and present. We acknowledge the history, the resilience and the continual contributions of Aboriginal and Torres Strait Islander peoples of their Country.

The information on this website contains general information only. It doesn’t consider your personal objectives, financial situation, or needs. Before making any decisions about ART, you should read the relevant Product Disclosure Statement (PDS) and Target Market Determinations (TMD) to consider whether the product is right for you.