Heffron | Australia's leading independently owned SMSF administrator

Trustee responsibilities


Trustee responsibilities

Superannuation law requires trustees to always act honestly, exercise care and act in the best interest of all members. In addition to these guiding principles, trustees have ultimate responsibility for all aspects of running the SMSF, including:

  • maintaining all records of the SMSF
  • establishing, implementing and regularly reviewing the SMSF investment strategy
  • lodging tax and regulatory returns
  • complying with superannuation law

This is where Heffron helps. Part of our administration service is helping ensure you meet all these requirements.