Selfmade Questions

How do I set up an SMSF with Selfmade?

Setting up your SMSF with Selfmade is quick and easy. All you need to do to get started is to set up an account.

How long does it take to set up an SMSF with Selfmade?

We’ve taken the hassle out of setting up an SMSF. With our intuitive platform, It should only take about 15-20 minutes to completely set up your account.

What is involved in running an SMSF with Selfmade?

Whether you're setting up a new SMSF through Selfmade or transferring your existing SMSF to us, you'll first need to register with Selfmade. Once you’ve set up your account, there are a few compliance obligations that you need to follow through with. We can assist you with this process, helping you lodge forms online and providing support where needed. 

How can I view and access funds in my SMSF with Selfmade?

With Selfmade, you can see all of your details, manage your compliance obligations and invest your money easily. We take the hassle out of SMSFs so that you can enjoy taking control of your super.

How much does it cost to have an SMSF with Selfmade?

Having an SMSF with Selfmade costs only $82.50/month for us to look after all aspects of managing your account and doing your SMSF's tax. 

If you are setting up a new SMSF with us, there is a once off set up fee of $950.

If you have an existing SMSF that you transfer to Selfmade, there is no cost to transfer the fund to us, after we have done an initial assessment of the investments. 

Of course, there will also be some fees outside Selfmade, such as government fees, fees when investing and an external SMSF audit.

It’s important to remember that all these costs, initial and ongoing, are typically paid for by your SMSF out of your super fund balance.

What does Selfmade do to make managing my SMSF easy?

Our goal is to make managing your SMSF as simple and hassle-free as possible. We do this through an intuitive platform that saves you time and effort. 

With Selfmade, you have access to an interactive dashboard that allows you to see where your money is (and how it’s performing) as well as sophisticated trading software and research from Macquarie to help you invest your super. Our direct integration with the ATO also allows you to lodge tax returns and keep compliant – so you can trust that you’re ticking all the boxes with Selfmade. 

Am I restricted in what I can invest in with Selfmade?

For existing SMSFs that get transferred to Selfmade, we'll first do a check on whether your SMSF investments can be moved to our platform.

For new SMSFs established through Selfmade, our platform uses Macquarie Bank’s leading Cash Management and Online Trading products to help you invest your super. This means you are restricted to the investment options available through Macquarie when you set up your SMSF with Selfmade. However, if you're interested in another type of investment, please contact us

How do I know my data and personal information is secure with Selfmade?

At Selfmade we take the security of your information and your SMSF assets very seriously. 

Working with leading providers like Macquarie, Class and Amazon Web Services, we carefully ensure that your information and assets are kept secure at all times.

Why should I choose Selfmade?

Selfmade gives you a platform through which you can monitor, update and maintain your super, without the hassle of paperwork and fumbling around for information. In a nutshell: our platform is more affordable, user-friendly and time-effective.

We’re also here to provide support! So if you’ve got a question about your SMSF and how to manage it on our platform, just let us know. 

Can I transfer my existing SMSF to Selfmade?

Yes! Selfmade offers an affordable and technologically advanced platform to handle the admin and tax for your existing SMSF. 

Can I invest in precious metals like gold using Selfmade?

You can invest in precious metals like gold and silver through Selfmade, although there are some rules to comply with.

How much does it cost to transfer my existing SMSF to Selfmade?

With a $0 transfer fee, and simple transfer process, it's easy to move your self managed super fund to Selfmade. Once transferred, the standard ongoing management fee applies. 

I’m an adviser/accountant/business – how do I work with Selfmade?

Want to work with us? Selfmade is a fintech company set up to create better outcomes for our customers. At present, our platform performs tech-enabled SMSF establishment and ongoing admin.