Financial Standard Comments - SMSF establishments continue down trend Establishments of self-managed super funds numbered 7,152 in the March quarter, according to the latest Australian Taxation Office statistics, continuing the decline in numbers from the quarterly peak of 10,434 in September 2011. https://www.financialstandard.com.au/feed/latest?story=12991031 Tue, 19 Jun 2012 11:15:11 +1000 Tue, 19 Jun 2012 11:15:11 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Phillip Hey () Be very wary of early published number from the ATO. They are generally understated by a big margin. The Dec QTR reported Dec2011 establishments of 5,852. This has subsequentyly been updated to 8786. The reason being that SMSFs have 60 days to lodge the election to become regulated so early numbers are light on.
You need to focus on the longer term trends, and on the published data the establishment of SMSFs has increased form approximately 30K per annum in 2009 to approximately 33K per annum (and trending towards $35K).

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]]> Phillip Hey () Tue, 19 Jun 2012 11:15:11 +1000