SMSF Basic – What Is A SMSF?
A SMSF stands for a Self-Managed Super Fund. A SMSF is particularly popular among small business owners, high net worth individuals and retired (or soon to be retired) individuals with a reasonable amount of superannuation balance to invest. The ATO SMSF quarterly statistical Mar 2019 report indicates that there are close to 600,000 SMSFs with …