Wednesday, August 27th, 2008
Self-managed super – latest statistics
The Australian Tax Office has released the latest statistics it has gathered on Self Managed Superannuation Funds (SMSFs).
At the end of the 31 March 2008 quarter, there were 378,656 SMSFs - an increase of 12% in 12 months.
- There are a total of 729,851 members in those SMSFs.
- At 30 June 2007, the average asset balance per member was $417,694, and the average asset balance of the fund was $800,651.
- As at 30 June 2007, the top five asset classes invested by those SMSFs were:
