Under What Circumstances Must an Actuary Be Appointed to a SMSF

question 19

Essay

Under what circumstances must an actuary be appointed to a SMSF and what is their primary role when appointed?

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Definitions:

Unconscious Processing

Mental processes that occur without conscious awareness, influencing perceptions, thoughts, and behaviors.

Fast and Effortless

Activities or processes that are completed quickly and with minimal mental or physical exertion.

Mind-Body Problem

The difficulty in understanding how the mind and body influence each other—so that physical events can cause mental events, and so that mental events can cause physical ones.

Descartes

A French philosopher, mathematician, and scientist whose work laid the foundation for much of modern philosophy, especially in regards to dualism and the relationship between the mind and body.