Time to protect people from their self-managed financial demise
Tags: SMSF
A very interesting article from Adele Ferguson came out over the weekend with some scary stats about self-managed super funds.
“… when it comes to self-managed super funds (SMSF), which now represent almost one-third of our super system, the time has come to consider whether people need to be protected, not just from themselves, but to protect the system.”
One of the reasons The Super Fund Co. was created was to provide a valuable alternative to SMSF’s – we offer many of the benefits of self-managed super, such as transparency, flexibility and access to franking credits – but without the onerous compliance and admin time and cost burdens. Read more here.
Check out Adele’s full article here.