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

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles