My daughter (under 25) is looking at using the member direct option that her superannuation fund offers. She wants the flexibility to be able to invest in shares but has nowhere near enough funds in super (under $50K) to start an SMSF. We talk about my SMSF and the shares I hold and why I hold them, and she is learning from others of her own generation as well and she is keen to be an investor. As all her savings are tied up in the new house she has just bought, her super is the only area where she can invest. I think it is the perfect option for Gen Ys to develop their portfolio management skills before they take on the challenge of managing an SMSF later in life if they choose to.