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Self Managed Super Fund (SMSF) Article
How to Set up a pension - Step 1
By Tony Negline.
This article may be out of date.
18th November 2010
Paying a pension is a big decision for many investors because the pension is often the major source of retirement income. If you're unsure about how to set up a pension you may be better off seeking expert advice.
A trustee must deal with everyone, including fund members, at arm’s length. This might seem like a silly rule which only creates paper-work that adds no value at all. The best aspect of this rule is that it helps trustees of SMSFs put their own personal member issues to one side and act as a trustee.
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