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SMSF trustees open to advice but uptake declines


According to the Vanguard/Investment Trends research, overall satisfaction with financial planners had increased slightly since last year from a composite score of 69% to 71%, particularly when it came to tax advice or technical expertise.  
But the number of SMSFs using a financial planner had dropped from 185,000 in 2020 to 160,000 in 2021. 
This meant an increase of the number of SMSFs who did not have a planner but had unmet needs (220,000 to 245,000). 
The number of SMSFs who did not use a planner and did not have unmet advice needs dropped from 105,000 to 100,000. 
Irene Guiamatsia, Investment Trends head of research, said trustees were open to using an adviser because they were still not comfortable making decisions themselves or would like a second opinion.  ....

Irene Guiamatsia , Robin Bowerman , Self Managed Super Fund , Investment Trends , Managed Super Fund Report , ராபின் பவர்மேன் , சுய நிர்வகிக்கப்பட்டது அருமை நிதி , முதலீடு போக்குகள் ,

My verdict on the government's new YourSuper comparison tool


My verdict on the government’s new YourSuper comparison tool
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July 10, 2021 9.00pm
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It didn’t get much fanfare when it launched on July 1, but a new online tool is set to rock Australia’s $3 trillion superannuation industry to its very core.
It’s called scrutiny, folks. And Australia’s super sector has been sorely missing it.
The federal government’s new ‘YourSuper’ comparison tool launched on July 1.
Credit:Dionne Gain
For nearly three-decades, Australians have been left almost powerless to make informed judgements on whether the people trusted to manage their retirement nest eggs are doing a good job or not. ....

Xavier Ohalloran , Energy Industries Superannuation Pool , Commonwealth Bank Group Super , Self Managed Super Funds , Energy Industries Superannuation , Christian Super , None Super , Super Consumer Xavier , ஐயேவியர் ஓஹள்லோரன் , காமன்வெல்த் வங்கி குழு அருமை , சுய நிர்வகிக்கப்பட்டது அருமை நிதி , கிறிஸ்துவர் அருமை , ஒன்று அருமை ,