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But then you don't want to be paying for caviar and still getting peanuts. Because super funds are such a rapidly growing industry, a lot of people are earning a lot of money from it. The question is a good one, and I'd be interested in the answer. What else do you get for the $2-$3K...

At least some banks are asking for a financial planner to sign off before they will lend money to an SMSF.

1. My FP does suggest property. I pay him a fee for service, and he gets no commission for any products he sells. 2. If your super fund is not performing- mine did 1% in the last 12 months when the stock market was up 25%- then perhaps you are better off with an smsf and paying the fees- even...

It's pretty amazing really, how some funds consistently seem to manage returns like that, no matter what the conditions are. It's not a small company. I don't think I need to ask if the fund managers received their just reward, based on their performance. It takes something special to...

Something else may come into consideration- how well is your current super performing? I've just received a statement from a fund which has given me 1.6% for the year, in a year where the stock market has gone well. If you're getting such a poor performance yourself, you may consider that you...

In this case I understand that cash is being used to lend to the SMSF, so that no interest charges are being incurred by the lender. Does that then mean that he is restricted to interest free, or can a market interest rate be charged?

I see in another thread that it is being lent interest free. Does that make a difference?

Is an SMSF allowed to borrow from you as a person? I thought that there were issues with that- that it wasn't allowed by law.

That sounds to me like financial advice rather than a legal issue. Cynically, it may be that your advisor would like you to buy into managed funds where he gets a cut.