Navigating SMSF structural changes when utilising corporate trustee

With the changes to the number of members allowed in an SMSF, funds considering adding members can consider various structural differences that can impact the SMSF, especially in the transition to a corporate trustee, said a technical specialist.

by | 4 Oct, 2021

Navigating SMSF structural changes when utilising corporate trustee

In a recent SuperConcept’s webinar, a poll revealed that 56 per cent of participants would utilise a corporate trustee as its preferred structure for an SMSF. Around 21 per cent still chose to use the individual trustee structure, whilst 23 per cent said it would depend on the circumstances involved. The firm pointed that the preference on the best trustee structure for an SMSF had shifted in recent years.

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