Small APRA funds are flexible
Small Australian-Prudential-Regualtion-Authority funds (SAFs) are a “flexible”, and in some instances superior, alternative to self-managed superannuation funds. However, the majority of accountants, and many financial advisers, aren’t aware that they exist, according to Julie Steed, technical services manager at IOOF-owned Australian Executor Trustees. A small APRA fund has a similar structure to an SMSF, however


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