What is SMSF

What is a Self Managed Superannuation Fund(“SMSF”)

A Self Managed Superannuation Fund (“SMSF”) is essentially your own super fund controlled and managed by you, often using the professional help from an accountant and where you require investment advice an Advisor.

Your Super fund (“SMSF”) must have four members or less, the members often comprising just you, or you & your spouse, parents, children (if any).

This website provides further information about the obligations and responsibilities of a trustee of a SMSF.

Here’s what the ATO has to say about SMSF’s <ATO-Link>.