Many clients ask us for a corporate trustee because they’ve “heard its better.” There are significant differences between corporate and individual trustees, so we don’t want you to rely on, simply, “what you’ve heard.” Here is some solid information, put together by our legal team, to help you out.
Since establishing our SMSF administration business in 2010, we have traversed the wild places of the industry. We have made this journey by learning through experience as our clients have done, or are doing, now.
If you build it, the yield will come. Okay, all kidding aside, developing a plan for a reliable and meaningful yield within a self-managed super fund does require the careful management of risk and reward.
It seems self-evident that the less you spend, the more you save. However, during the life of an SMSF there are a lot of factors, of which, we are either unaware or not in control. Those things we know and can control should be our primary focus.