WHAT ARE SMSFs

Self Managed Superannuation Funds (SMSFs) are funds established under a specific portion of the same laws that govern larger funds.

A SMSF allows a small number of individuals (limited to 6) and is regulated by the Australian Taxation Office, not APRA.

Generally the Trustees (OR Trustee Directors) of the fund are the fund members and the members are all trustees (or Trustee Directors).

Where there is a Corporate Trustee, the members are the directors of that company.