Where are the risks in our major super sectors?

by

Ed.

From www.heffron.com.au: The superannuation sector in Australia, particularly the SMSF (self-managed superannuation fund) sector, faces different types of risks, with large industry funds experiencing systemic challenges, such as delays in processing death benefits, as highlighted by ASIC’s action against Cbus.

In contrast, SMSFs, while having individual risks related to trustee management and potential scams, benefit from disaggregation which reduces the risk to the broader community.

Ultimately, SMSFs may provide greater protection for retirees due to their structure and accountability measures compared to larger APRA-regulated funds.

Filed under: Superannuation

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