Half of all SMSF assets in retirement phase
“Source: Financial Standard, November 3rd, 2013″
Around half of $506 billion held in self-managed superannuation funds (SMSFs) are in retirement assets, according to new research from DEXX&R.
According to the research house’s report, $296 billion is currently held in the retirement phase, supporting the consensus view that SMSFs are being used by investors with larger balances, who want more control of their retirement savings.