Q9: Discussion Question a. As an experienced superannuation and SMSF adviser you regularly discuss the merits or otherwise of your clients moving their accumulated superannuation account balance from a large APRA regulated fund to a SMSF. Other than the additional significant responsibilities of becoming a trustee of a SMSF (including all administrative and investment responsibilities) what other issues might you raise with clients as potential negatives of a transfer of funds to a SMSF?

b. What factors need to be taken into account in deciding whether to use an individual trustee structure or a corporate trustee structure?