With over 610,000 Self Managed Super Funds (SMSFs) now active in Australia, more trustees are asking a vital question: how does my fund compare to others like it? Benchmarking is no longer just for large institutions—it’s increasingly essential for SMSF trustees seeking better outcomes in retirement.

In a move that shocked over one million Australians, HESTA – one of the country’s largest industry superannuation funds – has paused all withdrawals, contributions, insurance claims, and investment switches until at least June 2025. This sweeping freeze, stemming from a major platform migration, has left many members effectively locked out of managing or accessing their retirement savings for over six weeks.

Beyond the investment flexibility, an often-understated advantage of an SMSF lies in its inherent security features, particularly when compared to traditional institutional superannuation funds. At WT Capital, we believe understanding these benefits is crucial for making informed choices about your financial future.

Recent cyberattacks targeting some of Australia's largest super funds highlight vulnerabilities within traditional super fund structures.