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FPMARKET: What is an SMSF account?
Source:https://www.fpmarkets.com/education/faq/ | Author:finance-102 | Date2023-03-22 | 54 Views | Share:
A Self-Managed Superannuation Fund (SMSF) is different to other super funds as it means its trustees, who are usually also the beneficiaries, take direct control of their super investments and run it for their own benefit without the need for a professional fund manager. To open a SMSF account, select "SMSF account" on the registration page and follow the steps.

A Self-Managed Superannuation Fund (SMSF) is different to other super funds as it means its trustees, who are usually also the beneficiaries, take direct control of their super investments and run it for their own benefit without the need for a professional fund manager. To open a SMSF account, select "SMSF account" on the registration page and follow the steps.