Self Managed Superannuation Funds
Amendments to SIS mean that a superannuation fund with fewer than five members will be known as a Self Managed Superannuation Fund.
Self Managed Super Funds are now regulated by the ATO and must comply with the new rules to avoid heavy penalties and possible loss of preferential tax status.
Company Planners Pty. Ltd. is not a Financial Services Licensee or a representative of a Financial Services Licensee and cannot provide any Financial or Legal advice in regard to superannuation funds.
We do not produce this Superannuation product, which is supplied by our partners. No person or employee on behalf of Company Planners Pty Ltd has any authority to provide any professional advice or warranties whatsoever in respect to Superannuation Funds or documents related thereto.
What is a Self Managed Superannuation Fund?
- Minimum of 2 but less than 5 members
- Company as Trustee and all directors of the Trustee Company are members of the fund or; all members of the fund must be individual Trustees
This information is supplied as a brief outline only and does not preclude the Ordering Party from fulfilling their legal obligations. Company Planners Pty Ltd cannot explain every responsibility or cover every situation, and in this regard you should seek professional business and financial advice. You will be held responsible for your legal obligations and not Company Planners Pty Ltd.