Description: Explore the benefits of Self-Managed Super Funds (SMSF) and learn how to take control of your retirement planning with expert guidance.
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Did You Know? SMSF numbers have tripled over the past two decades and assets held within them now represent a third of Australia’s total superannuation pool, according to new ATO statistics.
SMSF numbers had grown from 197,000 in October 1999 to 600,000 in June 2019, while SMSF membership had more than tripled in that time from 387,000 members in 1999 to 1.125 million in 2019. SMSF assets were now valued at $748 billion, or approximately a third of Australia’s $2.3 trillion super sector, according to the ATO’s statistics.
The demand for SPAA-accredited SMSF Specialists continues to increase, particularly in light of strict new trustee penalties .