Why a SMSF may not be for you

Key Points Setting up a SMSF is a bigger decision than most people think The benefits are attractive but the costs, time and risks are often ignored It won't magically improve your returns but for some investors it offers a head start The Myth SMSFs provide you with the opportunity to reduce tax, take control of your superannuation and improve your returns. The Motive In Why borrowing through your SMSF to invest in residential property doesn’t stack up we spoke of the battle between financial advisers and fund managers—a struggle to the death for the right to charge fees on...

The Myth

SMSFs provide you with the opportunity to reduce tax, take control of your superannuation and improve your returns.

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