"Now, back to my question, which was really just to pin you down . Thought I had How about both in pension phase super, would it shock you if that is what I meant? "
I'm sorry I can only answer the question's that are put to me - bit rich to ask a question and the expect me to somehow interpret the unknown parameters you are applying.
So if your question is intended to be "Assuming both are in pension mode, if two identical aged people have identical assets, one in a SMSF and one in a Retail/Industry fund, will the rate of return be identical for each person following the introduction of the changes? The answer is obviously No
But that question (and its answer) is irrelevant because the situation does not arise in real life. You have absolute control of what you invest in in a SMSF but vest that decision making if you join a R/I fund so the two are never going to be the same. (Simply not comparing apples with apples)
So the only question to be asked is this - is my current investment vehicle providing the best returns under the current rules and regulations for the level of risk I'm prepared to accept?
If the answer is Yes - great. If the answer is No - then change your investment strategy.
Now my turn for a question.
Why do you think there wasn't this level of outpouring of grief and concern for poor pensioners when Joe Hockey introduced changes in the 2015 budget that saw 300,000 people kicked off the pension?
