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Ashfords SMSF

Structuring and Set up

How an SMSF is established shapes its compliance, control and long‑term function.

Establishing a self‑managed super fund brings responsibility along with control. Put legislation first - ensure structures meet the requirements set by the Superannuation Industry (Supervision) Act, the trust deed and the Australian Taxation Office framework. We know this process well.

Setup begins with defining the trustee structure. An SMSF can have individual trustees or a corporate trustee. Each option has implications for governance, liability and administration.

Decisions about who will act as trustee and how the trust deed is framed are fundamental to how the fund will operate going forward. Here, your SMSF will be positioned to meet obligations while supporting investment goals.

"Our previous Accountant referred us to Ashfords when our needs became complex. Their attention to detail and focus on what mattered to us meant we moved personal tax, business needs and SMSF administration all over. We have found real comfort with Ashfords."

Alex and Grace
Ashfords Client

Ashfords SMSF — Structuring and Set up FAQs

Common Questions, Answered

What are the key steps in setting up an SMSF?

The process includes deciding on a trustee arrangement, preparing and signing a compliant trust deed, registering the fund with the ATO, opening a fund bank account and documenting an investment strategy that aligns with member goals.

How does the trustee arrangement affect the fund?

The trustee arrangement sets the basis for governance and decision‑making. Individual trustees and corporate trustees both comply with super law, but they differ in how decisions are recorded, how liability is managed and how the fund is administered over time.

Why is documenting an investment strategy important at setup?

An investment strategy clarifies how assets are to be held and managed. It reflects risk appetite, cash flow needs and retirement goals. Starting with a considered strategy makes future compliance and performance assessment more consistent and connected to your objectives.

A good setup makes smarter moves possible.

When your SMSF is correctly structured from the start, other financial opportunities are manageable. Access complementary services within the same firm that guide the use of your fund with purpose.

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Ashfords Accountants & Advisory acknowledges the Traditional Owners of this land, the Wurundjeri Woi Wurrung and Bunurong People, and recognises their continuing connection to the land and waterways. We pay our respects to their Elders past, present and emerging and extend this to all Aboriginal and Torres Strait Islander People.