A SMSF is a trust where money or assets are held and managed on behalf of up to four members to provide benefits for their retirement. Subject to certain exceptions, all members of an SMSF must be trustees of the SMSF or directors of the SMSF’s corporate trustee.
Self-managed superannuation funds allow you to control of how your finances are invested. Greater choice of investments and the ability to diversify your risk, means you can have a greater impact on your own future wealth.
Key Financial Planners can help in the process of establishment and requirements for running a SMSF.