What is a Self Managed Super Fund?
A Self-Managed Super Fund (SMSF) is controlled and managed by the members of the fund. As such, the members, as trustees, make all the decisions about how the fund is run, what investments it holds and the type of benefits it can pay. The level of control and flexibility SMSFs allow are seen as some of their main advantages.
To be a SMSF, a fund must satisfy the following conditions:Read More