Fresh research challenges guidance on SMSF minimum balances
New research shows that ASIC’s emphasis on minimum SMSF balances of $500,000 is “excessively conservative”, with the evidence suggesting that $200,000 may be a more appropriate threshold.
by Shared from SMSF Adviser | 16 Feb, 2022
The University of Adelaide has released a new report analysing SMSF performance based on data provided by BGL Corporate Solutions and Class Limited from over 318,000 SMSFs between 1 July 2016 and 30 June 2019 to identify a minimum amount of capital required for an SMSF to achieve comparable investment returns with much larger funds.
Read more at SMSF Adviser
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