How Much Will my Self Managed Fund Cost Me to Run?
The cost of setting up a Self-Managed Superannuation funds varies depending on the complexity of the implementation and the time involved. The compliance requirements will usually cost around $1,500 per annum, including the ATO superannuation supervisory levy.
In comparison, managed superannuation funds can charge up to 5% on contributions made while annual management charges (MER) are 1.75% on average.