Self-managed superannuation funds with less than $500,000 perform "significantly worse" on average than regular funds, the Productivity Commission says.
The commission previously named $1 million as the point at which SMSFs tend to be broadly competitive with industry and retail funds.
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Joanna Mather joined the AFR as an education reporter in 2008. She spent four years in the Canberra press gallery before becoming superannuation reporter in 2016, deputy news director in 2021 and wealth editor in 2023. Connect with Joanna on Twitter. Email Joanna at jmather@afr.com
