2 weeks ago
An interesting article in the SMH - worth a read. Here is the conclusion:
"Chris Page, the managing director of Rainmaker, says the indices help to dispel what he calls the myth that self-managed super funds don't know what they are doing and that they should be leaving it to the professionals.
The almost identical returns over 10 years of SMSFs and not-for-profit funds have been achieved using very different asset allocations."
Also, both types of funds have performed better than retail funds over the same 10 years.
BTW, "almost identical" means that SMSFs did slightly better, albeit only just.