Checklist - Self Managed Superannuation Fund Health
The purpose of this checklist is to assist the Trustees of the Superannuation Fund to understand your Fund, how it works and what must be done by the Trustees to ensure that the Fund does not become a non-complying fund. We cover various topics including:
- Superannuation Basics
- Requirements for a SMSF
- Trust Deed
- Fund Trustee
- Procedural Requirements
- Audit Awareness
- Fund Assets
- Preservation Rules
- Payment of Benefits to Members/Beneficiaries
By answering the questions asked, this report will highlight those areas of your Fund that may require attention or provide you with additional information that will assist you ensure that your fund remains a complying Fund.