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Minimum $200k SMSF balance "completely incorrect"

A superannuation lawyer has slammed the recommendation by the Australian Securities and Investments Commission (ASIC) that self-managed super funds (SMSFs) should hold a minimum balance of $200,000.

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Read more: SMSFASICMinimumAustralian SecuritiesInvestments CommissionMichael HallinanTownsends Law