Thursday, October 30, 2014

Self managed super

wow that Self Managed Super is now 30% of all funds.......haven't heard much discussion of this amongst friends etc.

The self-managed super fund industry continues to grow. There are more than 534,000 funds and total membership exceeds 1 million. This represents an increase of 21.3 per cent in the number of small funds over the past four years, the report said.

Self-managed super funds assets now exceed $557 billion, representing 30.1 per cent of total superannuation assets under management across the retirement system.
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