Many Australians do not fully grasp how their superannuation works, including details about investment performance and ongoing fees.
Since superannuation often represents a significant portion of an individual's total wealth, it’s wise to take a proactive approach to its management within their investment strategy.
Proactive management includes evaluating cost structures and implementing an investment strategy that may consider more flexible options like a Self-Managed Super Fund (SMSF) for greater investment flexibility. SMSFs allow for investments in assets such as direct property, which can align with specific client strategies. Just like external investments, establishing a long-term investment strategy within superannuation can lead to significant benefits.