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The viability of an SMSF for your client

This article was published in the September 2013 edition of SMSF Adviser magazine.

Introduction

Australian Taxation Office statistics show that as at March 2013 assets held in self-managed superannuation funds (SMSFs) had a combined value of approx. $496,204,000,000.  These assets are spread (not evenly) across approximately 500,000 funds – and the quantum of assets and number of funds continues to rise.[1]  It seems that everyone is ‘getting in on the act’.  But are superannuants entering the self-managed space with “eyes wide shut”? More…