[header] How to set up a self managed super fund [title] Understand that you are in charge. [step] You are going to be responsible for making all of the investment decisions for the fund. Also, you are going to have to make sure that you comply with all of the super and tax laws. 
This is a big financial decision, and you need to make sure you are prepared to meet all of the requirements. Ask a qualified, licensed professional to help you compare smsfs with your other options and to see if you can handle the requirements of an smsf.