Running Your DIY Super Fund
Setting up your SMSF
Developing an effective superannuation strategy can help ensure that you have enough income to live the life you choose in retirement. What are the elements of Australia’s superannuation system that..
Self-managed super funds are the fastest growing part of Australia’s superannuation industry and are the preferred choice for professionals and business entrepreneurs. What are the benefits of runni..
The advantages of a self managed super fund include control, potential cost savings and flexibility. What are the 3 questions you should ask to see if an SMSF is right for you?
When you start a self managed super fund, you will become a Trustee of the fund. Trustees are ultimately responsible for the running of the fund and must act in accordance with a number of rules.
It’s not difficult or time consuming to set up a self managed super fund. However, as the trustee of your fund, you’ll need to make sure your SMSF complies with the laws and regulations.
The last thing you want to happen is for your self-managed super fund to bump heads with the law. To avoid that, here are some key rules you need to check off.