SMSF Asset Allocation

SMSF trustees are unfairly criticised for investment decisions

SMSF trustees criticised investment decisions“In the eyes of their critics it seems SMSF trustees can never get it right on the investment front,” said SPAA Director of Technical and Professional Standards, Graeme Colley.

Previously SMSFs have been criticised for holding too much cash, then property, and now for being “overweight in Australian equities, especially the fully franked blue chips such as the banks and Telstra.”

“Why can’t they ever make up their minds if there is a problem with SMSFs?”

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