Self managed Super funds (SMSF) and superannuation funds are some of the best options that you can avail if you want to set up finance for your retirement. It is to be noted that these are totally regulated and are controlled by the Australian Taxation Office. The Austrian government has brought out legislation that each and every worker will have to contribute at SMSF as it will be their own savings for the entire life time period. Contributors can become trustee - Unlike some other funds; it is something that would allow the contributor to become a trustee. As a respective trustee, you need to control over the investment of the contribution. However there are few hurdles that you need to take up in a serious manner. These generally includes, SMF audit along with releasing money in a quick manner, without facing any such legal proceedings. There would be no returns and you will not have to stick to the home regulations. SMSF does have direct command - SMS...