More Aussie’s Joining The SMSF Army

According to the latest data available from the ATO, self-managed super fund owners now control about 30 per cent of the $2 trillion + superannuation sector.

 

The industry has seen a substantial increase, particularly amongst women in the last five years with average assets growing 23 per cent to more than $1 million for the first time ever.

This is a great sign in that people are being more pro-active with building their wealth and looking towards the future for themselves and their families. In saying this, people need to exercise caution when making decisions. It is essential to find an advisor you trust and work well.

 

After all; this is your retirement, not a financial game!

If you’d like to get in touch with one of our specialist SMSF advisors, call us on (07) 5598 3800 or email Brian – brianc@biscosgrove.com.au

 

Source: Sydney Morning Herald 

 

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