SMSF reaches one million mark

1020934_29278712Self Managed Super Funds have been the investment of choice for majority of Australians, reaching the one million member mark for the first time growing by 26.5%, according to the Australian Taxation Office.

In the March quarter alone, SMSFs added 11,400 new members, a clear indication that Australians are more comfortable in taking control of their retirement. As of this time, SMSFs hold a 65% share of all retirement income in Australia.

Read more about this on the News.com.au website.

Author: Dorian Traill

Dorian Traill is the current Director of Grand Capital Finance Group and Fountain Property Group. He specialize in home loans for people as well as helping them build wealth through quality investment properties that ultimately lead to long term financial freedom.

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