Trustees

As the end of the year is fast approaching, now is the time for Trustees to ensure their SMSF is in order.

There are a few critical areas  SMSF Trustees should look at and here is an end of financial year check list to help:

1. Investment Strategy: SMSF’s are required to have an investment strategy to reflect the purpose and intentions of the trustees.  This should be reviewed and updated on a regular basis.  This will ensure any changes in circumstances are taken into consideration when undertaking investment decisions.  It will also prompt trustees to consider the need for insurances within the fund. Read more →