DIY Super Choice Doesn't Pay Off For Most - ISA Chief Economist
MELBOURNE, Australia, Feb. 22 -- Industry Super Australia issued the following news release:
Unless it has $2 million in assets, your self-managed super fund (SMSF) is likely to be performing well below its APRA-regulated counterparts, new analysis suggests.
Using the most recent Australian Tax Office data, Industry Super Australia economists have found that the average net return for an SMSF* in 2015 was only 6.2 per cent.
This compared to 8.8 per ce . . .
Unless it has $2 million in assets, your self-managed super fund (SMSF) is likely to be performing well below its APRA-regulated counterparts, new analysis suggests.
Using the most recent Australian Tax Office data, Industry Super Australia economists have found that the average net return for an SMSF* in 2015 was only 6.2 per cent.
This compared to 8.8 per ce . . .