Corporate or individual trustee?

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.

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.

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