Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
subscribe to our newsletter
subscribe to our newsletter

SMSF advice engagement up post-GFC

Reporter
17 December 2013 — 1 minute read

Retirement planning is “back on the agenda” for SMSF trustees in the post-GFC period, according to Crowe Horwath.

Advisers are having more discussions with clients about retirement strategies since the GFC, with over 55s “ready to engage with advisers, plan and seek advice on retirement strategies”, according to Susie Salmon, head of superannuation and SMSF for Crowe Horwath

“This is markedly different to the last five years when most conversations had been focussed on capital preservation,” Ms Salmon said.

Advertisement
Advertisement

“The last few years have been difficult for SMSF trustees, [who are] concentrating on rebuilding the capital base of their funds. This focus on re-accumulating funds lost during the GFC has led to many trustees not having the time to properly plan their portfolios for retirement,” she added

Crowe Horwath said trustees need to review their retirement plans on a regular basis.

“Trustees need to constantly review their retirement positions, no matter how young or old, to track against future goals, even after you have retired,” the company stated.

SMSF advice engagement up post-GFC
smsf logo
smsfadviser logo
join the discussion

Why we’ll keep delivering for our communities in the face of COVID-19

alex

As Australia tries to keep pace with a rapidly changing business and social landscape in the wake of COVID-19, Momentum Media is leading the way delivering essential content to our communities, writes Alex Whitlock, director of SMSF Adviser.

Read more

Latest poll

Do you outsource a part of your business operations?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.