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: 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: Stay Informed & Secure Your SMSF’s Future With the right knowledge and tools, you can confidently manage your SMSF while staying compliant and…
Unlock the Benefits of Managing Your Own Super

Managing your own Self-Managed Super Fund (SMSF) gives you full control over your retirement savings—allowing you to customize your investment strategy and build wealth on your terms. Unlike traditional super funds, an SMSF lets you invest in property, shares, and other diversified assets to create a portfolio that aligns with your long-term goals. Beyond investment flexibility, an SMSF can offer significant tax advantages. With strategic planning, you can: However, navigating ATO regulations and ensuring compliance can be complex. Without the right tools and knowledge, managing an SMSF can become overwhelming.…
SMSF 101: Understanding Self-Managed Super Funds

A Self-Managed Super Fund (SMSF) puts you in control of your retirement savings, offering greater flexibility than traditional super funds. But with greater control comes greater responsibility. An SMSF can have up to six members, all of whom are trustees responsible for ensuring compliance with superannuation and tax laws. Managing an SMSF means tailoring your investment strategy to match your financial goals and risk tolerance—but it also requires time, knowledge, and resources to manage effectively. That’s where RP Prospects comes in. Our end-to-end SMSF portal simplifies the complexities of SMSF property investment,…