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Rob - Well said. Candy coated advice looks great but leaves a bitter taste. I have had more than a few people request a SMSF for low balances and a lack of strategy and I have bluntly refused. At some point we need to ask ourselves "is this good advice". Sure there will be others out there...

There is no number that can be applied to the SMSF establishment decision. The ATO, ASIC and Rice warner Actuaries have all published various forms of research that address that view. ASIC once said $200k but recent Rice warner / ATO data suggests it can be lower or higher than that when the...

Call the fund and they will send you a form to do a partial rollover. They wont use the ATO form as it doesn't address which investments to sell and which to keep when a partial RO is done.

Many SMSF members do a partial rollout from their industry / retail fund to retain access to low cost insurance or to avoid a re-write of an existing policy. In some cases changed medical circumstances may mean a new policy isnt available at all or is not cost effective. This can make...