Solutions for SMSF challenges for a leading Australian bank

Abstract

ABA (A Bank of Australia) is an Australian bank with presence in several countries such as US, New Zealand, Fiji, UK etc. The bank operates in the commercial banking domain with functions split across multiple business like retail, business and institutional banking, management of funds, insurance services, superannuation, broking services, etc. It is one of the largest Australian listed on the ASX. ABA offers self managed super fund accounts to individual (or group of up to 4 members) in which they can become their own trustee and invest the funds monies directly in cash, shares, property and even art.