EQT SAF

What is a small APRA fund (SAF)?

A small APRA fund (SAF) is a personal superannuation solution with a professional trustee.

A SAF offers a tailored personal superannuation solution without the associated trustee responsibilities. Instead, trustee obligations are passed on to a professional trustee.

Because a SAF has a professional trustee, it can be a particularly useful tool for:

• anyone who wants greater control of their super investments but without the trustee responsibilities
• elderly people who are concerned about losing capacity
• a disqualified person (who can be a member of a SAF but not an SMSF)
• those moving or living overseas who can no longer be a trustee of an SMSF.

EQT SAF

The EQT SAF is an investment and superannuation administration service with a professional trustee. The EQT SAF provides access to a range of assets.

HOW IT WORKS

The trustee is responsible for managing the EQT SAF and its service providers to ensure that it operates in the best financial interests of members and complies with all legal requirements including:

• fund establishment
• asset and superannuation administration
• investment monitoring
• annual reporting
• compliance checks – ensuring that the fund meets all legislative requirements.

This means you and your adviser can concentrate on the investment strategy.

For more information, speak to your financial adviser or call the SuperConcepts Team on 1300 023 170.