I had no idea where my lost super was or the names of the funds. I just new it was scattered everywhere and I should definitely have more than $3,000 in my super. Australian Super Finder found all 7 of my funds and now my balance is almost $50,000. Thank you so much for getting my super back on track. ? Leonie, Thomastown VIC

Super Facts and Tips

Going through Self-Managed Super Fund (SMSF)

There may be a lot of things going on in a super fund and should you choose to opt for one; you will have to go through them all. A self-managed super fund involves engagement. If you're going down this track, then know that there's a lot to go through such as strategies and benefits for things to work out.

What you need to look at in a Self-Managed Super Fund

There are hundreds of different strategies and little adjustments in the law as well as opportunities sitting in this fund that's crucial to look at. Get yourself knowledgeable and strong adviser, someone who has a lot of clients in this area.

There are essentially a lot of individuals working on this including accounting, financial planning, and others in the legal profession who are simply just doing self-managed super funds.

That's the good news. And let's face it, there's a huge sector by the year 2018 that is expected to hold 1 trillion dollars of assets. That's a large part of Australia's wealth. So because it's a large sector, make sure you get a good specialist, someone that can help you. But don't expect them to know your family circumstances.

What the experts usually advice is for individuals to learn as much as they can about a self-managed super fund. Buy the books and read them. There are some books about self-managed super funds.

You can also simply do a search online, and there are a lot of good materials provided online. If you go to www.australiansuperfinder.com.au, you will find a lot of information there.

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