Financial Standard Comments - SMSF growth driven by investor satisfaction The relative level of satisfaction with self-managed super fund (SMSF) performance is a likely driver for SMSFs' continued growth and significant market share, according to Roy Morgan Research. https://www.financialstandard.com.au/feed/latest?story=48343060 Fri, 13 Mar 2015 12:59:54 +1100 Fri, 13 Mar 2015 12:59:54 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by Fumin R (N/A) What a surprise that SMSF members are satisfied with the vehicle that they chose :)

Reply to article

For original story, Click Here.

]]> Fumin R (N/A) Fri, 13 Mar 2015 12:59:54 +1100 Comment by Steve Edwards (BPW)

Calculating performance as $ is not really comparing apples to apples, because you'd expect that SMSF's by their very nature to generally have higher balances than their industry fund and retail counterparts.

Of course a SMSF owner will be happier if their super fund grew by $100k* from $500k to $600k, compared to a retail/industry fund members who's balance grew by $10k (assuming no contributions) from $50k to $60k. After all that's a $90k better 'performance' yet still both returned 20%.

I appreciate that you can not properly compare by % because no SMSF is the same, buts its still wrong to say that SMSF are happier with performance because the measure is wrong/false.

Reply to article

For original story, Click Here.

]]> Steve Edwards (BPW) Fri, 13 Mar 2015 13:09:27 +1100