FAQ: My fund is 10 years old – should I get my deed reviewed?
All SMSFs require a trust deed, which sets out the governing rules for the operation of a given fund. Along with abiding by superannuation legislation, trustees are also required to follow the rules set out in the trust deed.
FAQ: What is an SMSF investment strategy?
Every SMSF requires an investment strategy. To put it plainly, an investment strategy is a document that details what the SMSF is going to invest in and why.
FAQ: When and how can I access my super money?
The superannuation system was established to assist individuals with their retirement plans and so, for the majority of us, our superannuation benefits are ‘preserved’.
FAQ: Will I pay tax when I draw on my super balance?
If you run an SMSF, there will come a point where you draw on your super balance and enjoy the fruits of your labour.
FAQ: Should I set my fund up with a corporate trustee or individual trustees?
When thinking about setting up an SMSF, you need to decide whether you want to have individual trustees, or a company trustee where you would be a director.
