Permanent Records:
- SMSF Investment Strategy
- SMSF Binding Death Benefit Nomination (non-lapsing)
- Trustee Declaration of understanding duties and responsibilities
- Must be signed within 21 days of new fund setup
- Property title search from relevant government body for any property investments
- Pension Minutes
Records to be held for at least 5 years:
- Accounting Records
- Annual financials and tax returns
- Other ATO lodgements (such as BASs)
Records to be held for at least 10 years:
- Minutes of Trustee meetings and decisions
- All reports provided to members
- Members written consent to be appointed as trustees
- Records of changes of Trustees