An 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.
# Establishment of an SMSF would need 100% commitment on your part. You must be sure of your decision and understand what the benefits are for your future before taking the plunge.
# Read properly all the terms and condition
# process of caims
# claim surity
Self-managed super 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.