SuperEasy SMSF Trust Deed Major Clauses
Listed below are some of the clauses in SuperEasy Trust Deed:
- Establishment of the Fund
- Structure and purpose of the Fund
- Covenants of the Trustee
- Interpretation including definitions
- General provisions including rights of members, complaints and disputes, and the security of benefits
- Membership of the Fund
- Fund accounts including accounting for specific investment and valuation of the Fund
- Provision of section 67A and section 67B of the Act for Limited Recourse Borrowing Arrangements
- Fund records, audit requirements, disclosure and reporting requirements
- Appointment, vacancy and removal of the Fund trustees
- Trustee investment and management powers, including investment strategy
- Limited liability and indemnity of trustees
- Trustee remuneration
- Appointment of actuary, auditor and managers
- Contributions to the Fund, including when the Fund can accept the contributions
- Transfers and rollovers
- Forfeiture of benefits
- Pension payments, pension accounts, pension payment conditions and commutation of pensions
- Transfer in-specie
- Payment of benefits
- Payment of benefits on death, including Binding Death Benefit Beneficiary Nomination
- Payment of taxes and levies
- Participating employers, including termination of employer contributions
- Amendment of the Trust Deed
- Winding up the Fund