I thought that this country IMO is based on not telling full story ? http://www.smh.com.au/national/craig-thomson-mp-turned-plagiarist-20111214-1ov0u.html To achieve 10 % and more is hard work, and you have to move money continuously around to minimise losses. SMSF environment IMO is not design for it, plus you are not able to properly offset -deduct losses.If I have second chance I would be staying out off super like mentioned by Kincella ("will all the rules and regulations are worth it anymore.".) I also know self funded retiree who is getting fair bit from courtesy of franking credits , there is only one problems his capital is about 40% down... Sally_ Will, What I am trying to say (There are about 500,000 superannuation funds in operation in Australia)and 20 is in top 50 Australian private companies by BRW. http://en.wikipedia.org/wiki/Superannuation_in_Australia if there are no Superfunds, super manager, wizards, auditors,etc... We will be as citizens of very rich country without big hassles entitled on much better government pension than any European country, Greece included.No audits no means tests , just get rid of army of leeches. Cheers
