A Self Managed Superannuation Fund (also known as SMSF) is setup with individual or corporate trustees. There are also various other options for the set up of a super fund.
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A Self Managed Superannuation Fund (“SMSF”) is a fund of no more than four members compliant with the requirements of the Superannuation Industry Supervision Act 1993 (Cth) and regulated by the Australian Taxation Office (ATO). Each member of a SMSF is also a trustee of the fund, whether as a director of the trustee company or in their individual capacity.
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