SMSF Trustees want compensation: SPAABY BEN COLLINS | THURSDAY, 21 JUN 2012 11:45AMThe Self Managed Super Fund professionals' Association of Australia has rejected calls for a levy to be imposed on SMSF trustees to fund a compensation scheme. |
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The whole philosophy underlying SMSFs is about independence and self reliance. As trustees and participants, we cannot choose to run our own race, and then cry foul when our decisions prove disastrous.