Management of Self Managed Super Funds
The ongoing management of an SMSF is something that requires understanding.
Usually, the trustee(s) of the fund (i.e. you) outsource two key aspects of the ongoing management of their SMSF.
- Accounting and auditing (including maintenance of minutes and documentation)
- Investment management (including strategy advice, investment strategy and investment record keeping)
This ensures that the two key areas of SMSFs are in the hands of experts.
Naturally, the trustees retain full responsibility for all aspects of the running of their SMSF.
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