A snapshot of the superannuation borrowing landscape | SMSF Auditors Melbourne

A snapshot of the superannuation borrowing landscape

Super borrowing is arguably the fastest-growing area of financial advice, and a potentially lucrative one for self-managed superannuation fund (SMSF) advisers. Anecdotally, there is increased client demand in the area, and more and more products and services are finding their way to the market. However, as a field of advice, super borrowing is not without its challenges. Firstly, assessing and providing the strategic advice associated with a potential recommendation for a super borrowing scheme presents some interesting conundrums: should a client be borrowing to invest in the first place, and if so, is it more effective to do so inside or outside super? Read More here at http://www.moneymanagement.com.au