Letters: SMSF trustees, buying Australian equities and small cap success

Readers ask about who can be SMSF trustees, urge a focus on easy-to-understand information, and question the sleight-of-hand tricks coming out of Europe.

I have a grasp of the need for members of an SMSF to be trustees and I am also aware that there may be only one member of an SMSF if there is another trustee (e.g. a family member). However, I have not seen anything on the ATO site that specifically prohibits having more than one family member as trustees, but not members. What do you think?

Mike Levy


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