A self-managed super fund performs the same role as other super funds, by investing contributions and making them available to members for retirement. With your own SMSF you get to decide what you invest in and when your benefits are paid, as long as you comply with superannuation law.
Those taking an active interest in their superannuation are discovering the amazing financial benefits offered by establishing their own SMSF. By following the SMSF life cycle you too will be amazed at the difference these proactive steps can have on your final retirement benefit.