Responsibilities of SMSF Trustees

While Self-Managed Super Funds (SMSFs) offer more control over your retirement savings, they also come with key responsibilities. As a trustee, you are legally required to:

  • Comply with superannuation & tax laws
  • Maintain accurate financial & investment records
  • Ensure all investment decisions benefit all fund members
  • Understand risk management & investment strategies
  • Stay updated on legislative changes

Failure to meet these obligations can lead to penalties or fund disqualification, making compliance a crucial part of successful SMSF management.

How RP Prospects Helps You Stay Compliant

Managing an SMSF doesn’t have to be overwhelming. At RP Prospects, we provide:

  • Comprehensive SMSF guides to help you understand your duties
  • FAQs & blogs to keep you informed of regulatory changes
  • Investment resources to help you make smarter financial decisions

Stay Informed & Secure Your SMSF’s Future

With the right knowledge and tools, you can confidently manage your SMSF while staying compliant and proactive.

👉 Join our Portal today and gain access to expert SMSF resources today!