Tuesday, 21 July 2015

What is an SMSF?

Have you ever wondered that what is an SMSF? The Self Managed Super Fund is actually a smart way to save for your future, when you stop working.

Unlike the old retirement or pension schemes, the members are the only trustees. That means; the members run the scheme for their own benefits. Therefore, you can say that the sole purpose of SMSF is to provide benefits to the members after their retirement.
Off course, there are some set rules, and you must know all the details before involving into it. Contact a proficient like futureassist.com.au, which will help you to maintain your SMSF and deal with it easily.