SMSFs Outperform Large Superannuation Funds Over 7 Years

by Dominique Schuh

A common argument put forward against individuals starting a self- managed super fund is that budding SMSF trustees could lose their hard- earned super savings through inexperienced investing, and bad investment decisions. Until relatively recently, there wasn't much evidence confirming or denying this view, which was mainly proffered by the large super fund sector.

The ATO now publishes SMSF performance data and the real story is quite startling. SMSFs had outperformed the large fund sector (corporate, industry and retail funds in four years out of seven from 2007 to 2013. We would also hope that when the ATO releases data for the 2014 and 2015 years, we would be able to gain a greater understanding of the long- term results for SMSF's.

If you are thinking of managing your own Super, these results will be welcome news to you. However, we caution all clients who have an SMSF to be careful when launching into managing superannuation assets, as the responsibilities are significant. If you are interested in learning more about this area, please do not hesitate to contact us on 5482 2855.