Revealing the true costs of SMSFs

The SMSF Association and Rice Warner have now released comprehensive research investigating the operating costs of SMSFs and how they compare with APRA-regulated funds. SMSF Association deputy chief executive Peter Burgess explains to hosts Aaron Dunn and Miranda Brownlee what some of the key findings of the research are and what they mean for the provision of advice on SMSFs and superannuation in general. Aaron and Miranda also discuss some of the key developments this month, including ASIC's consultation on the impediments facing advisers providing scaled advice and the release of the Retirement Income Review.