what to do , page-8

  1. 287 Posts.
    lightbulb Created with Sketch. 198
    The other thing you may like to look into is setting up an SMSF. You might not do it just for the reasons you started this thread, but there are plenty of good reasons to consider this strategy. Fees and control of your investment strategy being 2 of them. It does impose obligations of a Trustee on you that you will need to consider. You can transfer your own super into it too so that there is sufficient scale to make the fees acceptable ... have a look around at that, some places charge thousands, some are quite reasonable. The other thing off the top of my head is to consider insurance, which may be important to you given you have a young family. If your wife has insurance in her fund it is probably on group rates (cheaper normally). Moving her super out would lose that insurance cover ... you could get it again elsewhere but have to go through the underwriting process (medicals etc) and the cost might be higher than what you currently pay.

    None of this is advice of course. Hopefully some useful stuff for you to explore.

    Cheers.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.