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
Frontier awards custody mandate for ICIO offering
Frontier Advisors has awarded a custody and administration mandate for its independent chief investment officer offering to the Australian market.
Alexander Funds names new chief executive
Alexander Funds has named a new chief executive, hiring from Australian Unity and set to take on the role September 7.
Soul Patts to pocket $1.89bn from Brickworks divestment
Washington H. Soul Pattinson & Co is set to receive $1.89 billion after agreeing to divest its stake in Brickworks' industrial joint venture property trusts to Goodman Group, freeing up capital for future investment opportunities.
ASIC expands list of super lead generation entities
ASIC has named 19 additional entities involved in superannuation lead generation activities as part of an ongoing review into business models that may encourage consumers to switch super funds unnecessarily or inappropriately.
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.