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 : | 0.80% pa |
| Maximum Rate : | 0.85% pa |
| Annual Fee : | $0 |
| Monthly Fee : | $0 |
| Funds Available : | At Call |
| Auto Sweep Facility : | Yes |
| Overdraft : | No |
| Personal Cheque Facility : | No |
| Branch Access : | No |
| ATM/EFTPOS Access : | No |
| BPAY : | Yes |
| Direct Entry (Credit/Debit) : | Credit Only |
| Interest Calculation : | Calculated daily, paid monthly |