It is an assault on SMSFs to get them to cash in and go to industry or retail funds that will still get the franking credits refunded,the people with small shareholdings and those with small SMSF balances will be most disadvantaged ,so much for the Labor party looking after those on lower retirement pensions,after the revelation in the banking Royal Commission concerning the theft that these big companies have been complicit in the Labor party still can't understand why people want to manage their own money.
