Individual trustee structure or corporate trustee structure

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Discussion Question a. As an experienced superannuation and SMSF adviser you regularly discuss the merits or otherwise of your clients moving their accumulated superannuation account balance from

a. large APRA regulated fund to a SMSF. Other than the additional significant responsibilities of becoming a trustee of a SMSF (including all administrative and investment responsibilities) what other issues might you raise with clients as potential negatives of a transfer of funds to a SMSF?

b. What factors need to be taken into account in deciding whether to use an individual trustee structure or a corporate trustee structure?

Reference no: EM132036635

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