One of your most important decisions when setting up a self-managed super fund is whether to have individual trustees or a single corporate trustee. It may not be as glamorous as selecting and managing investments, but the choice of trustee can have far-reaching implications over the life of your fund.
To date, the vast majority of SMSFs have individual trustees. The figure was almost 74% in 2010-11, and rising. In the same year 90% of new funds were set up with individual trustees.