Industry Fund Members Eye SMSFs - Financial Newswire

Industry fund members eye SMSFs - Financial Newswire

Industry superannuation fund members have been showing more interest in establishing a self-managed superannuation fund (SMSF) than their retail fund peers, according to new research from Investment Trends. The research, sponsored by Vanguard Australia, reveals that SMSF establishments are on the rise and that financial advisers have had a growing influence over the new set-ups. It said the total number of SMSFs climbed from 612,000 at the end o…

Advised SMSFs increase as sector grows

The ongoing growth of the SMSF sector has been matched by the number of funds receiving advice, but a major cohort still does not receive any form of professional help.