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The article reports on the review of various superannuation practices by the Association of Superannuation Funds of Australia (ASFA) in 2009. The review aims to identify the reliability and quality of the practices and schemes of pension providers. It focuses on risk management practices, board ...
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To put it in simple terms, a SMSF is a private superannuation fund that you are in control of. You can have up to a maximum of 6 members with you, who are all trustees; the trustees have responsibility of the super fund, and select the preferred investments and insurance. The self man...
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