Both illegal early access and SMSF suitability are known concerns of the regulator, but Sciacca noted that the driver of this review is ASIC’s desire to audit the efficacy of its earlier guidance on SMSF advice.
The gender gap may be closing in SMSF balances (and at a much faster rate than APRA funds), but it’s still a glacial pace. Class modelling shows that an early boost, combined with the magic of compounding, can redress the imbalance.
Fixed Income & Credit Symposium 2021
30th November 2020 Melb & Syd | Details