family super funds
(self managed super funds)
Family Super Funds (Self Managed Super Funds - SMSFs) have experienced a rate of growth over a prolonged period that far exceeds the growth rate for the rest of the superannuation market. Some of the growth over recent years can be attributed to the widespread introduction of Choice of Fund enabling the majority of Australian employees to direct their employer super contributions into a super fund of their choosing, including into their own complying Family Super Fund (SMSF).
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Some of the benefits of Family Super Funds (SMSFs) include: