Last week saw the release the ATO’s SMSF quarterly statistics (September 2012) which again showed strong growth in fund establishments. A further 8,183 new funds were setup in the first quarter of 2012-13 financial year, taking the number of SMSFs to 488,576. Total assets grew to more than $458 billion, which now shows the average … Continue reading »
The ATO has published the June 2012 quarterly statistics on the self managed super fund market, with figures showing further growth in the sector with 7,197 new fund established for the quarter, taking the total number of SMSFs to 478,263. The average fund balance has grown to $917,895, with $439 billion of assets, the … Continue reading »
The Australian Taxation Office publishes a quarterly statistical report of Self Managed Super Funds. The March quarter again showed strong signs of growth, with an additional 7,152 new establishments, taking the total establishments to 35,868 for the last 12 months. This growth was coupled with positive share market data, which improved the total fund assets … Continue reading »
The latest quarterly SMSF statistics released by the Australian Taxation Office for the December 2011 quarter show some slowing in the growth of the self managed super fund market. The question must be asked: is this a result of SMSFs reaching saturation point; or is it a result of the lack of Government direction and … Continue reading »
As previously announced over a month ago on thedunnthing blog, the Australian Taxation Office has yesterday released an updated statistical overview into Self Managed Super Funds for the 2008-09 financial year. This report is an update to the Statistical Summary prepared on the request of Jeremy Cooper, Chair of the Super System Review. He used … Continue reading »
In February this year, The SMSF Professionals Association of Australia (SPAA) in collaboration with Russell Investments published an inaugural annual study of self-managed super funds (SMSFs) based on an extensive survey of SMSF Trustees. The intention of the annual study is to understand trustee views on investing, Government regulation, financial advice and managing an SMSF … Continue reading »
The Australian Taxation Office has released their June 2011 quarterly statistics regarding Self-Managed Super Funds. These statistics highlight the growing interest by individuals and professionals towards the SMSF industry. I have outlined below some of the key highlights and analysis from the June 2011 statistics: Net establishments for the June 2011 quarter were 7,402 (7,466 … Continue reading »
The Australian Taxation Office (ATO) has recently released their quarterly statistics on Self Managed Super Funds. Here are seven things that I’ve noted with the latest statistics: The average fund balance has grown to $965,931. I wonder when the $1 million mark with be reached? More than 850,000 Australians as SMSF members for the first … Continue reading »
The Australian Taxation Office (ATO) has recently released (2 March 2011) their quarterly SMSF statistics to the end of December 2010. A lot of attention is directed to these statistics about the continuing growth of the SMSF industry, but what are some of these statistics really telling us about self-managed super funds? I outlined below … Continue reading »