Two super funds

I currently have two super funds.

One, an SMSF, which holds a residential property without loans and some Australian shares.

The other, an industry super fund, is invested in approximately 30% Australian shares and approximately 30% international shares. The rest is in a balanced option.

Therefore, a relatively high exposure to shares. Given the current market conditions, I am loath to change the allocations too much. I am considering rolling the industry fund balance into the SMSF. I am looking at retiring in around two years time. What are your thoughts on investment options for the new funds going into the SMSF?

A: I don’t think I can by law answer your question without a much better understanding of your financial objectives, personal situation and tolerance for risk, among other things.

With the greatest of respect, I think your question may be best directed to a financial adviser, who will look at your asset mix – and see how that ties into your retirement/risk objectives.


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