Suite 8 / 260 Auburn Road, Hawthorn 3122
Phone: 03 9214 4100
Fax: 03 9818 6008
enquiries@trumpetfinancial.com.au
 
 
eWombat Search
  LATEST FINANCIAL NEWS
 
Hot Issues
Retiree self-protection: A volatility-and-downturn 'bucket'
How financial advice helps create wealth.
Superannuation gender gap narrowing, research shows
All the stats you need to see how Australia is going.
Market downturns, like this one, are to be expected
ATO claws back $850m in unpaid SG in FY 17-18
‘Hefty penalties’ with TRIS payment failures, SMSFs warned
The global financial crisis: Behind us but far from over
'Huge' professional risk in SG delays, big four firm warns
What a financial adviser can add to your portfolio's returns.
ATO updates crypto guidance
Reverse mortgages: Short-term gain, long-term pain
ATO set sights on 27,000 funds in ongoing crackdown
ATO zones in on hundreds of newly created reserves
A dynamic approach to retiree spending and drawdowns
Your investment freedom-maker
Living expenses for retirees on the rise
Still a long and bumpy road to travel on the way to a U.S.-China deal
Smart spouse investing
How financial advice helps create wealth.
What the ATO will be keeping an eye on in FY19
Examining the S in SMSF
Trade tensions to choke global growth: Moody’s
Tools for budgeting, cash flow, Super and more ….
Statistics show SMSFs not just for the rich
SMSFs lose thousands in property, investment scams
Articles archive
Quarter 3 July - September 2018
Quarter 2 April - June 2018
Quarter 1 January - March 2018
Quarter 4 October - December 2017
Quarter 3 July - September 2017
Quarter 2 April - June 2017
Quarter 1 January - March 2017
Quarter 4 October - December 2016
Quarter 3 July - September 2016
Quarter 2 April - June 2016
Quarter 1 January - March 2016
Quarter 4 October - December 2015
Quarter 3 July - September 2015
Quarter 2 April - June 2015
Quarter 1 January - March 2015
Quarter 4 October - December 2014
Some general interest stats on SMSFs

Mixed phase SMSFs holding greatest assets



       


 


While mixed phase SMSFs are not the largest SMSF member segment, they hold significantly more in net assets per member than those in either accumulation or pension phase, according to a recent report.


The Class SMSF Benchmark Report for March 2018, based on data from Class software users, indicated that 50.6 per cent of SMSFs are in accumulation, 18 per cent are in pension phase SMSFs and 31.4 per cent are mixed phase SMSFs.


While mixed phase SMSFs account for just under a third of all SMSFs, on average they have the highest net assets per SMSF.


Mixed phase SMSFs hold $2,306,000 in net assets on average, compared to $1,215,000 for pension phase SMSFs and $781,000 for accumulation phase SMSFs.


The statistics on members reflect similar numbers with 51 per cent of members in accumulation, 16 per cent of members in pension phase and 33 per cent of members in mixed phase SMSFs.


The average age of members in these categories was 52 for accumulation, 65 for mixed phase and 72 for pension phase.


Members in mixed phase SMSFs hold the highest balances at $1,143,000, while accumulation members hold $411,000 in net assets on average and pension phase members hold $729,000 in net assets on average.


 


 


By Miranda Brownlee
18 May 2018
www.smsfadviser.com


 




12th-June-2018
Trumpet Financial Pty Ltd ABN 11 443 516 384 Corporate Authorised Representative (No 327756) of Aon Hewitt Financial Advice Limited AFSL 239183 ABN 13 091 225 642
Registered Address: Level 33  201 Kent Street, Sydney NSW 2000 | Sitemap | Disclaimer | Privacy Policy | About Aon Hewitt Positioning