In a new report, Costs of Operating SMSFs 2020, the SMSF Association and Rice Warner conducted research to determine the minimum cost-effective balance for SMSFs.
Read more at the Accountants Daily.
Fresh research challenges ASIC guidance on SMSF costs
New research examining the costs of running an SMSF has questioned previous statements by ASIC that SMSFs with balances lower than $500,000 are generally uncompetitive with APRA-regulated funds.
