The ability of beneficiaries to access the records of a discretionary trust is becoming one of the key trust-related areas subject to ever-increasing attention and court ...
Data collection and cyber security will become more important as the SMSF sector continues to grow, according to ...
The ATO has reminded SMSF trustees that if they have made any transfer balance account events in the last quarter, a ...
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SubscribeThe 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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