As an experienced superannuation and SMSF adviser you regularly discuss the merits or otherwise of your clients moving their accumulated superannuation account balance from a large APRA regulated fund to a SMSF. Other than the additional significant responsibilities of becoming a trustee of a SMSF (including all administrative and investment responsibilities) what other issues might you raise with clients as potential negatives of a transfer of funds to a SMSF?

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The Answer of As an experienced superannuation and SMSF adviser you regularly discuss the merits or otherwise of your clients moving their accumulated superannuation account balance from a large APRA regulated fund to a SMSF. Other than the additional significant responsibilities of becoming a trustee of a SMSF (including all administrative and investment responsibilities) what other issues might you raise with clients as potential negatives of a transfer of funds to a SMSF?

As an Experienced Superannuation and SMSF Adviser You Regularly Discuss