[Smart Investing] Why SMSFs challenge the status quo; Ageing, greying and still working; Those who miss out
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13 August 2012
Why SMSFs challenge the status quo
The growth in self-managed super funds is causing heartburn among institutional super funds. With around $416 billion invested via 468,000 SMSFs in March 2012 which represents more than 30 per cent of the entire superannuation market SMSFs continue to confound the critics with the rate at which the sector is growing.
A recent article in The Economist magazine - headed Sticking Around - relates how unprecedented numbers of older people are remaining in the workforce since the outbreak of the GFC.
Women, the self-employed, the unemployed and the very elderly share a common misfortune: their superannuation savings are typically much lower than other members of the community.
These links show a copy of the article (where freely available), or the publisher's website if a subscription is required.
A question of survival
Ben Collins, 3 August 12 Lawmakers have stepped up and have responded to the history of product flogging in wealth management, leading to an inflection point where the only fund managers that will survive are those willing to reinvent their business.
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