A Superannuation Trust is a Self-Managed Superannuation Fund (SMSF).
An SMSF is a trust structure that provides benefits to its Members upon retirement. The main difference between an SMSF and other super funds is that the Members are also the Trustees of the fund giving them a high level of control when it comes to tailoring the fund to meet their individual needs.
SMSFs will have between one and four Members.
The Trustee(s) will either be all Members of the SMSF, or a Corporate Trustee whereby all Members of the SMSF are Directors.
If there is only one member of the fund then that member plus another person unrelated to the Member will be Trustees unless that second person is the employer of the member then they should be related.
For a single Member SMSF with a Corporate Trustee, either the single Member will be the Sole Director of the Company or it will be a two Director company with the Member being one and an unrelated second person being the other (unless they are the employee of the Member as above).