Updated November 12th 2013

From 1 July 2012 legislation has imposed some additional requirements on Trustees of Self Managed Superannuation funds as follows;

  • The investment strategy of the fund must be reviewed on a regular basis, at least annually
  • All funds must consider insurance for all fund members as part of the investment strategy
  • The requirement for all assets of the fund to be valued at market value.

If you have any questions or concerns in respect of your responsibilities as a superannuation fund trustee, please discuss this matter with your CIB contact.