Flight to SMSFs reshape super mindsetBY LAURA MILLAN | FRIDAY, 22 MAR 2013 12:35PMThe exodus of individuals away from large superannuation funds and into self-managed super funds (SMSFs) has prompted some soul-searching among the major players. |
Editor's Choice
Invesco launches new equity fund
|Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.
FCA pursues Neil Woodford again
|The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.
Former APRA deputy chair launches retirement solutions startup
|A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.
Products
Featured Profile

Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.







With the growing interest in property by SMSF trustees industry funds should consider including property in some form. Traditionally the problem investing in property is the lumpiness of such a large single asset. Fractional investing via a managed fund will solve this problem and allow trustees to invest up to their determined asset allocation. It will also enable them to diversify across a number of properties, property types and geographical locations. No borrowing, no bare trusts, no complex legal syndicate structures.
Modern thinking by the major players both retail and industry. However, the point seems to be continually missed. Offering an experience 'almost' as good as the flexibility of a SMSF, with 'maybe' 60% of the assets on offer is not what the genral public want. Control, flexibility and feel of a SMSF cannot be repricated. It may slow the exodous however the example above misses the mark and will not succeed. They will only succeed in engaging those who would have not left. Before posting this we called smsf industry peers to seek their opnion and it was inline with ours.