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How Many Members Can A SMSF Have

You can have up to four members in an SMSF. However, over 90% of SMSFs have only one or two members, with the majority having two members.*

Importantly, all SMSF members must also be trustees of the fund or, if the fund has a corporate trustee, they must all be company directors of the corporate trustee. Special rules apply in relation to these trustee requirements where an SMSF has only one member.

*ATO Self-managed super fund statistical report, June 2012

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DISCLAIMER:  The information contained on this website is provided for general education purposes only and does not constitute specialist advice. It should not be relied upon for the purposes of entering into any legal or financial commitments. Specific investment advice should be obtained from a suitably qualified professional before adopting any investment strategy.