Recent Research Shows More People Are Satisfied With Their Self Managed Super Funds

Posted on December 21, 2016 by Rizwan Inayat 0 Comments

The latest Roy Morgan research states that people with SMSF’s show a satisfaction rate of 64% versus Industry super funds at 49% and Retail super funds at 43%.

The research further suggest that the reason why people switch to a self managed super fund is due to a two main factors; the first is from a lack of good performance with their current Industry fund and the fees associated with their Retail super funds.

“Based on the research in most cases, a Self managed super fund comes out on top in terms of both performance and fees” says Phillip Adamcewwicz from A2Z licence in North Sydney office.

Further, according to Superratings performance figures a self managed super fund would have outperformed all Industry super funds and Retail super funds had it invested in the ASX 200 over the last 10 years.

Director of iTrust Tax & Accounting, Rizwan Inayat in Epping also says that “Self Managed Super funds provide much better control over your retirements assets and provide tax effective opportunities that you can’t really achieve in an industry and retail fund”.

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