Alot of people ask if they should set up a Self-Managed Super Fund (SMSF). Annoyingly, when people ask this question, about 99% of the time, they don't get honest answers, they receive misinformation and dishonest, grubby sales tactics. All in the name of financial services companies and financial advisers generating fees and commissions. This video gives an honest outline of not only what a Self-managed Super Fund (SMSF) is, but crucially, the risks. Perhaps what's most important about this video is that we outline the hopeless conflicts of interests and hidden agendas of the those who spruik SMSFs. SMSFs earn billions of dollars in fees and commisions and the financial services companies and financial advisers that benefit from them readily product content that is not just completely ridiculous, but factually incorrect and utilise aggresive marketing tactics on everyday Australians. If you want an independent, balanced and unbiased review of SMSFs then watching this video is exactly what you need.If you're thinking about setting up a Self-managed superannuation fund (SMSF), then you should aboslutely watch this video. For further info, check out our website:

www.fixyourfinances.com.au

ASIC produce the wonderful moneysmart.gov.au this is a wonderful resource and anyone considering an SMSF should consult their website: https://moneysmart.gov.au/how-super-w... Please note all of the information on the site is general information and general advice. This means it does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions.Independent Wealth Advice Pty Ltd trading as Fix Your Finances is a Corporate Authorised Representative (Number 1289358) through Independent Financial Advisors & Media Pty Ltd, AFSL 550 651.

A question I hear all the time is, Do I need an SMSF? If you've ever wondered this and you'd like a truthful answer to the question, then this episode is for you.

Our podcast, The Honest Adviser is delivered by Andy Darroch and covers what we think are the questions that matter to you.

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We run workshops that help Australians sort out their super and get retirement ready. If you think you could benefit from independent, affordable and trustworthy advice, consider coming along. You can find out all of the details on our websitewww.honestadvice.com.auIf you've got any suggestions, feedback or would like to submit a question that we will address on Q&A podcasts, please email us at [email protected] Our Financial Services Guide ishere.

One piece of housekeeping, all of the information on the site is general information and general advice. This means it does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions.

Independent Wealth Advice Pty Ltd trading as The Honest Adviser is a Corporate Authorised Representative (Number 1289358) is an Authorised Representative (Number 1252820) through Independent Financial Advisors & Media Pty Ltd, AFSL 550 651.

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