Tag: SMSFs

Once convinced, the target will then transfer their superannuation to what they believe is a new fund, but is actually a bank account belonging to the scammer.

Putting lipstick on the proverbial pig is what we’re seeing with pseudo-SMSF. It can be detrimental to those who want to step into the world of SMSF and take control of their financial future.

Only 35.4 per cent of Australians sought the advice of a professional, such as an accountant or financial planner, when deciding to change superannuation providers.

SMSFs continue to be the most popular type of fund in terms of satisfaction with financial performance, according to the latest findings from Roy Morgan Research.