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Competition by Lenders with SMSF products

Posted on November 14 by

APRA advises, in its latest published statistics, that the average balance for a SMSF is now approaching $1 million, being currently $986,000.  According to the ATO exposure to residential property investments by SMSF's is low at only 3.2% but as with any superannuation investment the Trustees need to seek professional advice prior to purchasing property in the fund.  Should the advice be favourable to investing in property PFS can assist you to obtain the most satisfactory funding for your fund's circumstances.