Great post Adrian ... and this princess loves to punch herself in the face, but I still can't tell if I should be punching because I haven't yet moved to ING or be because there is some blinding benefit to he SMSF whih I am missing.
I guess I was assuming I would basically stick to direct shares and term deposits rather than any of their funds, which means that there is no .75% mgt fees on any of the balance and only the $180 for share trading. Also, since the shares are in your own name and term deposits too, there is no additional institutional risk as compared to my SMSF ... Both are dependent on banks staying viable.
Finally, I am with esuperfund ( with a corporate trustee thank goodness) and they have been great with their service. They only charge $700 but the ATO charges SMSF's a fee of around $250 a year on top of that. There is also a truckload of paperwork involved each year.
I still can't see why, apart from direct property ownership, an SMSF is better?
What am I missing?