At a latest business presentation by the Associate Commissioner, Superannuation in Melbourne he made the subsequent comments;
“Throughout the past four years the amount of SMSFs has developed rapidly. As at the end of June 2013, there were just over an projected 509,000 funds, an maximize of about 40,000 funds in one year alone.”
“Assets under administration have grown to somewhere around $506 billion, holding steady at about a third of the now around $1.6 trillion in resources held in Australian superannuation.”
“The organization of new funds has far outpaced wind ups. Of SMSF Adviser founded in the 10 years to June 2011, 90% are continue to operating.”
“The number of men and women who are members of SMSFs is approaching one million (963,852), or about 8% of the 11.6 million people of Australian super funds.”
“About one million Australians changed super funds last year and 6% of those shifted to an SMSF.”
Our Financial Planning,
“Throughout the past four years the amount of SMSFs has developed rapidly. As at the end of June 2013, there were just over an projected 509,000 funds, an maximize of about 40,000 funds in one year alone.”
“Assets under administration have grown to somewhere around $506 billion, holding steady at about a third of the now around $1.6 trillion in resources held in Australian superannuation.”
“The organization of new funds has far outpaced wind ups. Of SMSF Adviser founded in the 10 years to June 2011, 90% are continue to operating.”
“The number of men and women who are members of SMSFs is approaching one million (963,852), or about 8% of the 11.6 million people of Australian super funds.”
“About one million Australians changed super funds last year and 6% of those shifted to an SMSF.”
Our Financial Planning,
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