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Skerritt Superannuation provides Superannuation Fund Trustees with a complete administration and compliance service. This is the focus of our business and we excel at this.
Our Services Include:
Our clients have peace of mind knowing that all the paperwork side of their SMSF is being handled by experts. This leaves Fund Trustees with the freedom to concentrate on Superannuation Fund assets and Investment decisions.
To contact Skerritt Superannuation for all your self-managed superannuation enquiries please call us on (07) 3292 5555.
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A SMSF is a small trust set up with the primary purpose of providing retirement benefits to its members. A core difference from other Superannuation vehicles is that all the members must also be trustees. The maximum number of members is four.
Yes you can have a Single member fund. The Trustee requirements are slightly different for a Single member fund. -A Single member fund can have a Corporate Trustee with either: -A Sole Director who is the member of the fund, or -Two directors, one of which is the member with the other Director being either related to the other director or not an employee of the other Director
Provided you are over age 18 and are not considered a disqualified personÂÂ you are able to act as a trustee of a SMSF. A disqualified person: - Has been convicted of an offence involving dishonesty. - Is insolvent under administration (i.e. bankrupt), or - Has, at any time, has been subject to a civil penalty order under the SISA.
There is no minimum requirement before you can set up a SMSF. However these types of funds become more cost effective with higher balances. There are many views of what the minimum should be before you proceed with your own fund; some suggest $100000, other views are for higher balances. If your balance is quite small, you may find your fixed operating costs are too high and you will have difficulty in diversifying your funds' assets.