SMSFs under $1m can be perfectly viable

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SMSFs under $1m can be perfectly viable

29 June 2018

Patrick Garrett, CEO and co-founder, Six Park

The Productivity Commission (PC) recently delivered its draft report: Superannuation: Assessing Efficiency and Competitiveness (April 2018).

The draft covered an array of matters related to the superannuation system in Australia, with a focus on needed areas of improvement, both in terms of fees, transparency with members and fund investment performance. This included some findings related to self-managed super funds (SMSFs).

This article touches on 'What low-value SMSF investment returns are relatively poor' with three parts to the answer:

  1. Fixed fees and costs: ongoing administration and regulatory (ATO/ASIC) costs
  2. Investment costs: Management of a share portfolio and/or property investment(s)
  3. Impact of diversification: Generally speaking, poor diversification leads to poor investment returns.

Click here to read the full article. 

This content was provided by Six Park. For further information please visit the Six Park website.