SMSF pros and cons
FOR
Control where your money is invested.
Ability to invest in property directly.
Lower costs when SMSF expenses are spread over bigger balances.
Lower taxes while saving, and n tax in retirement.
Can borrow to invest.
AGAINST
Managing a SMSF can be timeconsuming.
A high level of financial literacy is required.
Auditing, insurance and other costs must be managed. No government protection if money is lost through fraud/theft. Complexities around maintainin or selling property.