Financial Standard Comments - Next wave of SMSF growth fuelled by Gen Y Statistics indicate that advisers and Australian Prudential Regulation Authority (APRA)-regulated funds that want to take advantage of the next wave of growth in the bourgeoning self-managed superannuation fund (SMSF) market must concentrate their efforts on younger investors, according to Investment Trends senior analyst Recep Peker. https://www.financialstandard.com.au/feed/latest?story=33898473 Tue, 13 Aug 2013 10:13:56 +1000 Tue, 13 Aug 2013 10:13:56 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by P J (Anonymous)

There is a certain scale of FUM that an SMSF needs to become cost effective. While estimates vary for this value, it's certainly higher than the average account balance for a member under 35 in an APRA regulated fund.

APRA bulletin data shows approximately an average account balance of $7,500 for under 35's. So I fail to see where this growth in SMSF is going to come from Gen Y's.

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]]> P J (Anonymous) Tue, 13 Aug 2013 10:13:56 +1000