Is running an SMSF complicated?
Running a Self-Managed Super Fund (SMSF) can be complex—but it really depends on how it’s set up and managed. If you choose to take on everything yourself, from administration to compliance and investment decisions, it can be quite demanding. However, many SMSF trustees simplify the process by engaging professionals—such as accountants, administrators, and financial advisers—who specialise in SMSFs.
These experts can handle much of the heavy lifting, making the fund easier to manage. That said, even with support, being an SMSF trustee involves more responsibility and active involvement than being a passive member of a large industry or retail super fund. You’re ultimately in control, which brings both flexibility and accountability.
SMSF Growth and Scale
As of June 2025, there are 653,062 SMSFs in Australia, with 1,203,127 members and $1.05 trillion in total estimated assets. This scale reflects the growing popularity of SMSFs and has led to a more robust ecosystem of service providers.
With more funds being created and maintained each year, the processes around SMSF administration, compliance, and investment management have become more streamlined and accessible—especially for trustees who engage professional support.
