Self managed super funds (SMSFs) are the fastest growing sector of superannuation. SMSFs can reduce super administration costs and different ways to grow your wealth and get the view you want in retirement.
Most people have their superannuation with retail or industry funds. In big super funds, there’s generally little flexibility and the trustee of the fund making investment decisions is usually the investment manager of the fund.
If you choose to manage your own super, you can be your own fund trustee (supported by a smart team).