Due to high levels of interest, SMSFs have now been provided with the ability to trade gold, stored on their behalf in Australia, via a new mobile app.

SMSFs have been slow to adopt managed accounts as part of their investment holdings despite solid growth in their use outside superannuation and among financial advisers.

Retail investors have chosen to ride out the recent market downturn, but remain less than optimistic about long-term growth and government debt.

Trustees can make changes to their investments in response to the recent market downturn, but they should be consistent with the SMSF’s investment strategy.