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Rate cut impacts SMSFs, retirees

The Reserve Bank of Australia (RBA) decision to cut the cash rate by 25 basis points may impact self-managed super funds (SMSF) and retirees, meaning that financial advisers may have to work with them to seek other sources of income.

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Read more: AustraliaAndrea SlatteryAssociationFinancial AdvisersPhil AndersonReserve BankFinancial PlanningAFACentrelinkFinancial StandardRateSPAA