CPA Australia, the Institute of Chartered
Accountants in Australia and the National Institute of Accountants
have developed a free online training tool for self-managed
superannuation funds (SMSF).
The accounting bodies say the Self-Managed
Superannuation Fund Trustee Education Program is the first of its
kind.
The tool will allow trustees to
understand:
- The roles and responsibilities of a trustee
of an SMSF; - Investment restrictions imposed on trustees
of an SMSF; - Rules and limitations surrounding
contributions and benefit payments within an SMSF; and - The administration involved in an SMSF.