The most common reason for choosing to establish a SMSF is investment flexibility. Many people ponder what the point is of having a SMSF if you only want to own cash, shares or managed funds. 

In times of sharp stock market corrections and high levels of volatility I hear a lot of people asking if it’s a good idea to be setting up a SMSF so that they can invest their super in gold and term deposits. 

Do you know what document decides the beneficiary of your super when you die?  

As people begin taking more of an interest in their superannuation savings (largely due to a significant reduction in their account balances over the past few years), the debate as to where the best place to keep your savings seems more prevalent.