Over the last few years, Self-Managed Super Funds (SMSFs) in Australia have become more popular, as more people are choosing to have greater control and more flexibility over their retirement savings. By establishing an SMSF, investors are able to manage their own super portfolio instead of it being managed by a fund manager. And while there are certainly benefits to this type of investment, it’s vital investors are clear on what the pitfalls are to avoid.
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