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A Self Managed Superfund (SMSF) Savings account is an account for those who want to manage their own superannuation retirement savings and investments.
As a SMSF is a trust, a trust deed must be established. Generally your accountant or financial planner will take you through this process, including the operation and regulations that are applicable.
Savings Accounts Features
|Minimum Rate :||1.30% pa|
|Maximum Rate :||1.35% pa|
|Annual Fee :||$0|
|Monthly Fee :||$0|
|Funds Available :||At Call|
|Auto Sweep Facility :||Yes|
|Personal Cheque Facility :||No|
|Branch Access :||No|
|ATM/EFTPOS Access :||No|
|Direct Entry (Credit/Debit) :||Credit Only|
|Interest Calculation :||Calculated daily, paid monthly|