{"id":6927,"date":"2013-03-10T05:45:41","date_gmt":"2013-03-10T09:45:41","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6927"},"modified":"2013-03-10T05:45:41","modified_gmt":"2013-03-10T09:45:41","slug":"australia-smsf-a-matter-of-self-interest","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/10\/australia-smsf-a-matter-of-self-interest\/","title":{"rendered":"Australia: SMSF &#8211; a matter of self-interest"},"content":{"rendered":"<p>Reece Agland, senior policy adviser at the Institute of Public Accountants, compares the performance of self-managed super funds to retail and industry funds:<\/p>\n<blockquote style=\"background-color:#ddddff;\"><p>Let\u2019s look at the facts. For the three most recent years where performance has been measured SMSFs out performed both retail and industry funds. The average operating cost of an SMSF fell from 0.72% of assets in 2007 down to 0.57% in 2009 \u2013 less than average costs for either industry or retail funds1. With average assets of over $888,000 in 2009\/10 (up from $475,000 in 2003\/4) they exceed the average assets per member compared to other types of funds. Their rate of non-compliance at 2% is at around the same for other superannuation funds and the number of funds that fail in any one year is very small.<\/p><\/blockquote>\n<p>Read more at <a title=\"IPA\" href=\"http:\/\/pubacct.org.au\/smsf-a-matter-of-self-interest\/\" target=\"_blank\">Publicaccountant: SMSF &#8211; a matter of self-interest<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reece Agland, senior policy adviser at the Institute of Public Accountants, compares the performance of self-managed super funds to retail and industry funds: Let\u2019s look at the facts. For the three most recent years where performance has been measured SMSFs out performed both retail and industry funds. The average operating cost of an SMSF fell &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/10\/australia-smsf-a-matter-of-self-interest\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Australia: SMSF &#8211; a matter of self-interest&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,50],"tags":[1823,3155],"class_list":["post-6927","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-financial-planning","tag-industry-funds","tag-smsf"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Australia: SMSF - a matter of self-interest - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia: SMSF - a matter of self-interest - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Reece Agland, senior policy adviser at the Institute of Public Accountants, compares the performance of self-managed super funds to retail and industry funds: Let\u2019s look at the facts. For the three most recent years where performance has been measured SMSFs out performed both retail and industry funds. The average operating cost of an SMSF fell &hellip; Continue reading &quot;Australia: SMSF &#8211; a matter of self-interest&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/10\/australia-smsf-a-matter-of-self-interest\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-03-10T09:45:41+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/10\\\/australia-smsf-a-matter-of-self-interest\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/10\\\/australia-smsf-a-matter-of-self-interest\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Australia: SMSF &#8211; a matter of self-interest\",\"datePublished\":\"2013-03-10T09:45:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/10\\\/australia-smsf-a-matter-of-self-interest\\\/\"},\"wordCount\":140,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"keywords\":[\"industry funds\",\"SMSF\"],\"articleSection\":[\"Australia &amp; NZ\",\"Financial Planning\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/10\\\/australia-smsf-a-matter-of-self-interest\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/10\\\/australia-smsf-a-matter-of-self-interest\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/10\\\/australia-smsf-a-matter-of-self-interest\\\/\",\"name\":\"Australia: SMSF - a matter of self-interest - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"datePublished\":\"2013-03-10T09:45:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/10\\\/australia-smsf-a-matter-of-self-interest\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/10\\\/australia-smsf-a-matter-of-self-interest\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/10\\\/australia-smsf-a-matter-of-self-interest\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Australia: SMSF &#8211; a matter of self-interest\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\\\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.\",\"sameAs\":[\"https:\\\/\\\/facebook.com\\\/people\\\/The-Patient-Investor\\\/61572934660810\\\/\",\"https:\\\/\\\/www.instagram.com\\\/colin_thepatientinvestor\",\"https:\\\/\\\/au.linkedin.com\\\/in\\\/colintwiggs\"],\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/author\\\/investor\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Australia: SMSF - a matter of self-interest - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Australia: SMSF - a matter of self-interest - the patient investor","og_description":"Reece Agland, senior policy adviser at the Institute of Public Accountants, compares the performance of self-managed super funds to retail and industry funds: Let\u2019s look at the facts. 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He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-1NJ","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":37964,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/10\/07\/magellan-financial-group-mfg-2\/","url_meta":{"origin":6927,"position":0},"title":"Magellan Financial Group (MFG)","author":"Colin Twiggs","date":"October 7, 2022","format":false,"excerpt":"Stock: Magellan Financial Group Exchange: ASX Symbol: MFG Date: 07-Oct-22 Latest price: A$10.75 Market Cap: $1.975 bn Fair Value: A$20.99 Forward DY: 16.65% Payback (Years): 11 Financial Y\/E: 30-Jun-23 Rating: HOLD Sector: Financial Industry: Capital Markets Investment Theme: Dividends & Growth Macro Trends: - Summary Magellan (MFG) is trading at\u2026","rel":"","context":"In &quot;Australian Growth&quot;","block_context":{"text":"Australian Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/asx-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38211,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/10\/18\/magellan-financial-group-mfg-3\/","url_meta":{"origin":6927,"position":1},"title":"Magellan Financial Group (MFG)","author":"Colin Twiggs","date":"October 18, 2022","format":false,"excerpt":"Stock: Magellan Financial Group Exchange: ASX Symbol: MFG Date: 18-Oct-22 Latest price: A$11.18 Market Cap: $2.05 bn Fair Value: A$19.69 Forward DY: 16.01% Payback (Years): 11 Financial Y\/E: 30-Jun-23 Rating: HOLD Sector: Financial Industry: Capital Markets Investment Theme: Dividends & Growth Macro Trends: - Summary Magellan (MFG) is trading at\u2026","rel":"","context":"In &quot;Australian Growth&quot;","block_context":{"text":"Australian Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/asx-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40223,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/01\/11\/magellan-financial-group-mfg-4\/","url_meta":{"origin":6927,"position":2},"title":"Magellan Financial Group (MFG)","author":"Colin Twiggs","date":"January 11, 2023","format":false,"excerpt":"Stock: Magellan Financial Group Exchange: ASX Symbol: MFG Date: 11-Jan-23 Latest price: A$9.03 Market Cap: $1.64 bn Fair Value: A$19.50 Forward DY: 20.5% Payback (Years): 11 Financial Y\/E: 30-Jun-23 Rating: HOLD Sector: Financial Industry: Capital Markets Investment Theme: Dividends & Growth Macro Trends: - Summary Magellan (MFG) is trading at\u2026","rel":"","context":"In &quot;Australian Growth&quot;","block_context":{"text":"Australian Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/asx-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13258,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/09\/why-every-government-will-increase-taxes-on-superannuation\/","url_meta":{"origin":6927,"position":3},"title":"Why Every Government Will Increase Taxes on Superannuation","author":"ColinTwiggs","date":"May 9, 2016","format":false,"excerpt":"From Sam Volkering, 6 May 2016: The fallout from this week\u2019s federal budget continues. As I noted yesterday, it was a pretty weak budget all things considered. Nothing of any substance. Nothing to grab the reigns of the country and ride it to a sunny future.But there were some interesting\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38352,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/10\/27\/australia-and-new-zealand-banking-group-anz-3\/","url_meta":{"origin":6927,"position":4},"title":"Australia and New Zealand Banking Group (ANZ)","author":"Colin Twiggs","date":"October 27, 2022","format":false,"excerpt":"Stock: Australia and New Zealand Banking Group Exchange: ASX Symbol: ANZ Date: 27-Oct-22 Latest price: A$24.92 Market Cap: A$74.5 bn Fair Value: A$28.67 Forward DY: 5.5% Payback (Years): 13 Financial Y\/E: 30-Sep-23 Rating: HOLD Sector: Financial Industry: Banks Investment Theme: Dividends & Growth Macro Trends: Defensive Summary Australia and New\u2026","rel":"","context":"In &quot;Australian Growth&quot;","block_context":{"text":"Australian Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/asx-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12343,"url":"https:\/\/thepatientinvestor.com\/index.php\/2015\/09\/22\/australia-latest-smsf-statistics-finsia\/","url_meta":{"origin":6927,"position":5},"title":"Australia: Latest SMSF statistics | FINSIA","author":"ColinTwiggs","date":"September 22, 2015","format":false,"excerpt":"Key statistics to have come from the ATO's latest quarterly SMSF report include: The total number of SMSFs increased by 30,723 from 526,275 to 556,998.The total number of SMSF members increased by 58,219 from 991,621 to breach the one million mark at 1,049,840.The total value of SMSF assets decreased from\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=6927"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6927\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=6927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=6927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=6927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}