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Educating trustees on their duties to all members of an SMSF is crucial to avoiding disputes, a leading educator has said. Neal Dallas, director of businessDEPOT, said ...
CA ANZ has thrown its support behind the Coalition’s announcement that it would allow qualified accountants to provide ...
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Momentum Media’s wealth publishing network, comprising InvestorDaily, ifa, SMSF Adviser, Money Management, and Super ...
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The fight for super fund members is well and truly underway, and you can expect the smsf sector to compete vigorously
It is unlikely that retail and industry funds will ever really drive innovation in the superannuation industry – they are just too large and too slow to do it. It is much more likely that SMSFs and other investment platforms will continue to drive innovation and retail and industry superannuation funds will continue to play catch-up.
However, over the past few months there have been a number of articles in the press declaring the end of significant growth in self-managed superannuation and the emergence of new, more competitive retail and industry funds.
The authors suggest that retail and industry funds will use innovation to become more competitive. More competitive retail and industry funds will mean that SMSFs will be less attractive and growth in the sector will stall. It all sounds quite logical but, based on track record, not really believable.
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