Jul 30, 2026 – 5.00amSelf-managed superannuation funds are likely to be forced to contribute to a fund to provide compensation to victims of bad financial advice, despite many of them being unable to benefit from it.SMSFs were previously going to be allowed to opt out of funding a special levy to support the Compensation Scheme of Last Resort, but SMSF Association chief executive Peter Burgess said they were now likely to be included because of a funding gap of at least $190 million this financial year.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles