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Published on Jan 10, 2011
DIY super funds or self managed super funds continue to grow in popularity. They offer investors many benefits but very often we see people who set up their own DIY super funds when it's not necessarily the best decision for them. Many DIY super investors do not take full advantage of the the control and flexibility that comes with running their own super fund.
In this video Michael Lannon, Executive Director and Founder of 2020 DIRECTINVEST compares running your own super fund to a superannuation wrap account. He explains common DIY super traps and why a super wrap account might be an alternative.