SMSF management

Trustee structure

SMSFs can be established with either a corporate trustee (if all members of the SMSF are directors of the corporate trustee) or with individual trustees (if all members of the SMSF are trustees).

At 30 June 2013, almost 76% of all SMSFs had individual trustees rather than a corporate trustee (see appendix 1, table 6).

Analysis shows over time there has been a consistent shift away from corporate trustees.14 In the three years to 2013, there was a 1% decline in SMSFs registering with a corporate trustee. Approximately 90% of newly registered SMSFs in 2013 had individual trustees.

    Last modified: 16 Dec 2013QC 37999