Have you ever wondered just how popular Self Managed Superannuation is?
Category : Practice Updates
On 10 September 2014, the ATO published its quarterly report on SMSFs.
Key statistics released for the quarter include:
Total number of SMSFs 534,176 funds
Total members of SMSFs 1,011,686 members
Total assets in SMSFs $557 billion or $557,000,000,000
Average SMSF balance $1,042,821 average fund balance
Average member balance $550,616 average member balance
Clearly managing your own superannuation is a popular choice for Australians. Are you interested in managing your own superannuation? If so, please contact us.