DIY funds with less than $2 million not viable, say industry funds

By John Collett
Updated March 14 2017 - 9:43am, first published February 21 2017 - 7:03pm
DIY versus large super funds - industry funds hit back. Photo:  Karl Hilzinger
DIY versus large super funds - industry funds hit back. Photo: Karl Hilzinger

Self-managed super funds with assets of less than $2 million "are not viable retirement savings vehicles", says Stephen Anthony, the chief economist at Industry Super Australia (ISA).