Deloitte, an Auditing and Financial Consultation firm has forecasted SMSFs to overtake the Retail sector for Post Retirement Superannuation by 2017. Since those that were born from 1943 – 1960 are moving into post – retirement, the SMSFs for this generation group will increase dramatically in shares, as this generation group comprises 47% of super assets as of 2008.
Property investments have been the method of choice for majority of SMSFs, as it gives the investor control in managing their funds and decision making. With proper financial planning and consultation, the SMSFs sector is projected to reach the $800 billion mark by 2017.
Read more about this on the Financial Standard website.