Think twice before jumping ship
Jul 01, 2020
3 minutes
Vita Palestrant
When so much is up in the air, as it is now, people long for certainty. Investment markets are challenging and super earnings weak. That may prompt some people to consider setting up a self-managed super fund to take more control of their super.
According to the Australian Taxation Office, SMSFs have grown massively over the past two decades and now number 600,000. They make up a third of Australia’s total retirement savings – $748 billion – and serve 1.125 million members.
Adrian Raftery, who has researched SMSFs extensively and is the principal of
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