SMSFs are weathering the COVID-19 storm but will they ultimately pay a price?
SELF-MANAGED superannuation funds (SMSFs) have been weathering the challenges created by the COVID-19 pandemic well, but there are concerns that the real threats will come later as the Government looks at its tax options to help restart the economy.
Unlike what occurred during the Global Financial Crisis, there appears to have been no significant diminution in the numbers of SMSFs being established, with the SMSF Association pointing to the opposite.