The control you get from running your own superannuation fund brings with it great responsibilities.
Like all superannuation products that receive favourable tax treatment, you must ensure that you, as trustee(s) of your Self-Managed Super Fund abide by the rules.
As the trustee of an SMSF you must always:
Failure to perform your duties as a trustee according to the super laws can result in a loss of the tax concessions that normally apply to your SMSF and you/your SMSF may face penalties.
Learn how Segue Financial Services can help you with your Self-Managed Super Fund.