Some basic standards for SMSF trustees?

I'm a big fan of self-managed super funds. I'd be doing an odd job if I wasn't. But when we look at the superannuation system and what it is meant to be achieving, SMSFs have some holes.One of those holes is trustee standards. Whilst there's probably plenty of duds floating around the boards of the trustees of superannuation funds, the trustees and managers of the funds more or less have a basic idea about what they're doing. The nature of the job and the competitive nature of the industry means you can't get away with having a trustee who's completely...

I'm a big fan of self-managed super funds. I'd be doing an odd job if I wasn't. But when we look at the superannuation system and what it is meant to be achieving, SMSFs have some holes.

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