Can a Member of a SMSF Make Investment Decisions Based Upon His or Her Own Interest?

Investment decision are generally made by a Trustee however the superannuation laws and the LightYear Docs SMSF Trust Deed and Leading Member SMSF Trust Deed provides a member with the ability to run their own sub-fund. This means they have the ability to make their own investments, provided they do not impinge on other members benefits in the Fund.

Please be advised this is general information only, and is not to be taken as legal advice. If you would like more information, or have a legal query, please contact Abbott & Mourly directly.
Reviewed: 17/01/2024