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SMSFs crying out for advice

Feb 19, 2013

When a client reaches the “decumulation” phase of their superannuation – when they begin drawing money – advisers need to discuss with them how long that money is going to last, what the cash-flow is that will pay the benefits to members, and to look at the liquidity and associated risks. Recent research from the SPAA and Russell Investments shows that only 43.9% of retired trustees had changed or were planning to change their asset allocation in retirement and that there was a need for this discussion between advisers and SMSF clients. Independent adviser Matthew Ross said that asset allocation…

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