Investors more satisfied with SMSF than pooled fundsBY MARK SMITH | MONDAY, 5 NOV 2012 12:20PMSatisfaction with the self-managed super funds (SMSFs) remains considerably higher than that of retail and industry funds, according to the latest Roy Morgan Superannuation Satisfaction report shows. |
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Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.







Setting up an SMSF after the dismal performance of my Industry Fund was an excellent decision. I thought it was only by pure luck I was able to preserve my super amount by choosing Diversified Fixed Interest as an option during the GFC. However Bonds and Term Deposits have proved to be a good strategy for protecting my fund balance since establishing the SMSF and even given a better return than Industry / Retail Funds. Controlling your own financial destiny does have rewards apparently.
I set up my SMSF over 10 years ago and have never looked back, I lost nothing in my super all through the GFC.