SMSF vs Retail Funds

Superannuation Warehouse is an accounting firm and we do not provide any financial advice (we are not financial planners).

Trustees need to be mindful of their own financial situation and objectives when setting up an SMSF. Once a Fund is set up, all financial decision making are managed by the Trustees of the Fund.

When comparing with a Retail Fund

There is no legal requirement for a minimum balance in superannuation to establish an SMSF.

In terms of costs, SMSF fees are transparent as all administration fees are paid by the SMSF bank account, which are in turn managed by Trustees. However, for Retail Funds, there are many charges hidden in the back of a Product Disclosure Statement that may include but not restricted to:

Administration Fees
Investment Fees
Indirect Costs
Advice Fees
Switching Fees
Buy/Sell Spread
Insurance Premiums
Exit Fees
Activity Based Fees

Many of the fees noted above can be avoided in an SMSF. SMSFs may therefore be ran on a more cost efficient basis than a Retail Fund. At Superannuation Warehouse, our fees are fixed irrespective of the size of the Fund. This allows for two major advantages for our clients:

  • If you are on our $79 per month package, we do not charge extra fees for additional investments that the SMSF undertake.
  • We do not charge extra fees if more Members or Trustees join the Fund

For more information on the services that Superannuation Warehouse provide, please click on the button below:

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Peace Of Mind

We are Melbourne based with clients throughout Australia. Our SMSF administration service is mostly paperless. This enable us to charge a fair fee, resulting in a good value-proposition for you.

No Advice

Superannuation Warehouse is an accounting firm and do not provide financial advice. All information provided has been prepared without taking into account any of the Trustees’ objectives, financial situation or needs. Because of that, Trustees are advised to consider their own circumstances before engaging our services.