esuper for everyone?, page-30

Barrelnut

The fees are $699 a year which includes doing the accounting, tax return and annual audit.

In addition, for each trade you do with Comsec, Comsec pay a small commission to esuperfund. I do not transact much on my SMSF so this is not an issue for me. If I trade 5 times a year, this might be an extra $100 to esuperfund that I could have saved with a normal comsec account.

You have to have an ANZ account as your main accounts which pays 4.75%. However, you can open accounts with other banks if you wish to transfer money to a higher interest account. Again, ANZ pay esuperfund a commission, but given the 4.75% is a good rate for a transactional account and you open high interest accounts with no commission, this is not an extra cost,

So $699 plus extra $100 for Comsec is $799 a year. You will be lucky to get just an audit for that much money with a normal accountant let alone actual accounting, admin and tax work.