There is somewhat of a paradox when it comes to the self-employed and superannuation. Owners of small-medium businesses are among the most enthusiastic supporters of self-managed super, yet a large proportion of self-employed professionals running small, unincorporated enterprises have little or no super.
Online small-business magazine SmartCompany recently published an article on this issue – Why self-employed women are among superannuation’s biggest losers – setting out how many self-employed individuals, particularly self-employed women, have “grossly inadequate” superannuation savings. [Read more…] about Investing in superannuation: The small business owner’s paradox