self managed super funds warning, page-6

per the article

"According to the AT0, 30% of SMSFs have less than $200,000 in assets. If Sherry introduces a $200,000 threshold, that could cull almost a third of SMSFs, although transitional arrangements will undoubtedly apply."

therefore, transitional arrangements may alleviate concerns to existing trustees - hopefully grandfathering provsions will prevail

they mentioned that the results (interestingly though from a panel biased with retail/industry fund members) would be released by end of next month

extremely disappointing if the 200k limit prevails - really bites into those that distrust big funds or have a clear and valid investment philosophy without a big fund balance

further, mention was made of a 50k fund with 10% operating costs - that would have to be an extreme and very isolated case

funds of even 50k can still be operated concisely and efficiently as they may simply be ramping up for much larger contributions or rollovers

cheers