It is for the protection of the SMSF trustees as individuals
Originally when the legislation passed to require a Product Disclosure Statement for a SMSF many lawyers couldn’t understand their value.
However, now it would be a brave lawyer who says you don’t need one.
This is because the SMSF PDS protects the Trustees as individuals. The SMSF PDS also protects the financial adviser, accountant, auditor, lawyer and other professionals that help you look after the SMSF.
What do I get when I build this SMSF PDS?
Because you are building your SMSF Product Disclosure Statement directly at a law firm’s website you:
Upon building the SMSF PDS, you receive as a PDF:
There is a tax requirement to keep your SMSF compliant. The Australian federal government provides generous tax concessions that come from operating a ‘compliant’ self-managed superannuation fund (SMSF). However, it must be compliant. To be compliant:
Click here for all the documents you can build online at our law firm.
Adj Professor, Dr Brett Davies, CTA, AIAMA, BJuris, LLB, Dip Ed, BArts(Hons), LLM, MBA, SJD
Legal Consolidated Barristers and Solicitors
National Australian law firm
National: 1800 141 612
Mobile: 0477 796 959
Email: [email protected]