Superannuation to wield $6tr muscle by 2030BY LAURA MILLAN | TUESDAY, 26 MAR 2013 11:05AMA group of superannuation and investment experts predict that by 2030, local super funds will dominate the global landscape while the self-managed super funds (SMSFs) sector will suffer a slowdown. |
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
Fiona Trafford-Walker needs to polish up her crystal ball. SMSFs will dominate the industry even more in the years to come, as more and more people realise that they offer the flexibility, control and cost-effectiveness that larger funds simply cannot hope to match.
The current rort is SMSF's using NG, or losses in their funds from property, to increase their cap and decrease the tax they pay on wages. This must be stopped asap....