The remarkable bull run among US tech stocks over the past few years has exposed a big problem for the $1 trillion self-managed superannuation sector.
The one million Australians with SMSFs who do not have much exposure to international shares have largely missed out on the boom.
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Andrew Hobbs covers self-managed superannuation funds (SMSFs), financial planning, retirement, inheritance, tax, personal finance and, sometimes, the Perth Bears. He has been a financial journalist for 30 years, previously at Bloomberg and AAP.