Small APRA funds

A small APRA fund (SAF) is a self-managed super fund with a professional trustee.

A SAF offers the freedom and flexibility of a self-managed super fund but without the associated trustee responsibilities and risk of compliance breaches. Instead, compliance obligations are passed on to a professional trustee.

Because a SAF has a professional trustee, it can be a particularly useful tool for:


The AET SAF is an investment and superannuation administration service with a professional trustee. IOOF Investment Management Limited is the issuer and acts as trustee for the AET SAFs. The AET SAF provides the simplicity of investment administration from a single platform with access to a range of assets. It offers sophisticated online reporting through one convenient online portal – AET My Portfolio

Why not concentrate on your fund's investments rather than the compliance?

How it works

As the trustee, IOOF Investment Management Limited is responsible for:

  • fund establishment
  • asset and superannuation administration
  • investment monitoring
  • annual reporting
  • compliance checks – ensuring that the fund meets all legislative requirements.

This means you and your adviser can concentrate on the investment strategy.

View annual trustee reports

For more information, please read the AET SAF product disclosure statement, 31 March 2022 Product update10 December 2021 Product update1 July 2021 Product update, AET SAF target market determinationinvestment guide, general reference guide and forms booklet, speak to your financial adviser or call the Client Services Team on 1800 254 180.

You can choose the AET SMSF, an end-to-end establishment and administration service or the AET small APRA fund, an SMSF with a professional trustee.

Meet the SMSF Services Team

Luke Costa

National Specialist - SMSF Solutions

Melbourne office

Julie Steed

Senior Technical Services Manager

Adelaide office