I appreciate that everybody is different and have different...

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    I appreciate that everybody is different and have different drivers, but I just don't get why you'd want a SMSF and then pay someone else to administer it and channel all your investment decisions through them? Seems a recipe for higher costs. A number of not-for-profit super funds do very well - likely better than most people. So why not just go with them and start assembling a portfolio of investments out of super?

    I have run my own super fund for 22 years now. My costs are still lower than any fund manager and my return, on average, higher. I yardstick against providers every year to ensure I'm still getting better value and so far so good. I also invest outside super, simply because I need the diversification that being skeptical of the government's treatment of super demands.
 
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