All the control. None of the headaches.

You’ve probably heard a fair bit about SMSFs recently – they’re certainly booming in popularity. But the truth is, they’re not the only way to get more flexibility and control over your super.

With access to shares, term deposits and ETFs, Self Invest is a genuine alternative to an SMSF.

But unlike an SMSF, you won’t be lumped with piles of administration, compliance and reporting obligations.

The fees are low too (there are no set up costs), and many of the tax benefits you enjoy with an SMSF, you get with Self Invest as well.

Compare the costs

SMSF1

QSuper Self Invest

Set up costs

As well as basic set up costs, you also have to factor in fees charged by ASIC and your service provider.

Total set up costs $9162

There is no fee charged to transfer into the Self Invest option.

Total set up costs $0

Ongoing costs

As well as ASIC and ATO costs and fees for audit and financial reporting, if you're in the pension phase you also have to factor in additional fees, including an Actuarial certificate.

Total ongoing costs $1,1632
Total pension ongoing costs $1,5932

Ongoing costs are wrapped up in our access fee and administration fees.

Estimated ongoing costs $7543

Administration

You are responsible for your administration, investing and record keeping. Should you decide to use an administrator, it may cost from $2,2252 a year.

We take care of all the paperwork and administration hassles for you at no additional cost.

1. The SMSF costs we’ve shown here are for a fairly simple SMSF. The final costs could potentially be a lot higher – it all depends on your SMSF investment strategy.
2. Costs of Operating SMSFs - Rice Warner, May 2013. Based on an SMSF with low complexity of investments. Not including investment fees or brokerage costs. The actual costs in any particular case could be more or less.
3. Based on a QSuper Self Invest balance of $250,000. Not including investment fees or brokerage costs and does not take into consideration fees in relation to your other QSuper investment options. Costs for Income accounts (pensions) may be higher.