It depends on the complexity and number of your investments but realistically I would only spend a few hours a year on forms etc. The SMSF provider does all the compliance papers, tax returns etc etc. for you. You just have to understand your responsibilities and what type of investments are allowed in superannuation funds. If you are committed it's not that hard. I would suggest anyone interested to jump on the Esuperfund website for a couple of hours and read all the FAQ's and all the tutorials to get an understanding and educate yourself. You can then decide if it's right for you as far as effort and responsibility.
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