SMSF investors are looking for further specialist advice in areas such as tax planning, the age pension, retirement planning and setting up an SMSF, says a new report.
SMSF investors are looking for further specialist advice in areas such as tax planning, the age pension, retirement planning and setting up an SMSF, says a new report.
There are significant opportunities for SMSF specialists to capitalise on the growing appetite of investors who seek professional advice on a range of SMSF-related issues, a report compiled by Morningstar and Investment Trends found.
“There’s clearly strong market demand for all types of advice, including independent investment research, and a real opportunity for those businesses capable of meeting it,” said Morningstar director of manager research Asia Pacific Grant Kennaway.
The SMSF Association-commissioned report also found that SMSF investors are increasingly prioritising growth assets.
SMSF Association managing director and CEO Andrea Slattery said: “But as SMSF investors rightfully seek to diversify, it’s critical they get appropriate professional advice as they move to invest in different asset classes.”
“SMSF investors tend to lead the general investor population in investing behaviour and, as such, it’s critical to watch what they are doing,” she said.
News
- 18 Jan 2019Advisers to suffer ‘horrendously’ from FASEABy Sarah Simpkins
- 18 Jan 2019Praemium FUA up 14%, reveals platform upgradeBy Adrian Flores
- 17 Jan 2019ASIC takes court action against former adviserBy Adrian Flores
- 16 Jan 2019NAB FP seeks resolution of false witness investigationBy Adrian Flores
- 16 Jan 2019High demand for advisers and paraplanners in 2019By Adrian Flores
- 16 Jan 2019Foreign adviser qualification standards finalisedBy Adrian Flores
- view all
