Getting ideas across to SMSFs the first battle: AMPBY JAMES FERNYHOUGH | FRIDAY, 13 JUN 2014 11:40AMDistributing ideas to self-managed super funds (SMSF) is the first challenge for product providers looking to crack this inaccessible market, according to AMP Capital portfolio manager for infrastructure Perry Lucas. Related News |
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Finally some one in AMP that actually gets it - SMSFS are independent investors. Over the years the big financial service firms focus has been remunerating the adviser or fund managers. There has been very little focus on low fee products aimed at primarily benefiting the investor.
Now that AMP has acquired some 15,000 SMSFs perhaps they will now focus on the needs of the investor and not on the needs of their commission driven salesmen.