SMSF trustees suffer "unacceptably poor advice"BY LAURA MILLAN | WEDNESDAY, 13 NOV 2013 12:05PMSelf-managed super fund (SMSF) trustees are suffering "an unacceptably high level of poor advice" when it comes to set up and administering their funds. Related News |
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David Woodall
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INSIGNIA FINANCIAL LTD
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Facing his greatest test yet in metamorphosing MLC Super, Dave Woodall is adamant the juice will be worth the squeeze. Jamie Williamson writes.
Of course these organisations will say anything and do anything to try and stop the flow of funds leaving the industry and retail superannuation sector. These guys cannot make a submission without bias and therefore the ASIC should ignore their comments. They should also provide proper reference to the university papers referred as there is more to those papers than has been explained. I think the Rice Warner report commissioned by the ASIC speaks of an SMSF being more cost effective than others at the $200K mark.