Why the misguided attacks on SMSFs must stop

There's a lot of misinformation spread about self-managed super funds by politicians, retail and industry funds and the media. It's time to set the record straight.

Self-managed super funds are being attacked on all fronts, with sections of the media, retail and industry and funds and politicians peddling damaging falsehoods. Most recently we've seen a flurry of newspaper articles from many publishers spreading false statements on SMSFs that suggest they are used by people to avoid relying on the government pension.

Politicians and journalists need to understand what really happens in superannuation. The reality is very different to what is sometimes portrayed.

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