SMSF Investment Patterns Survey June 2017

Contributions triple ahead of super changes

SMSF trustees looking to make higher non-concessional contributions before the rule changes on July 1 significantly increased contributions.

In the June 2017 quarter, the average contribution tripled from $9,138 to $32,055, with 63% of contributions being made during the last month of the quarter. The June quarter also saw a spike in benefit payments which almost doubled from $27,900 to $50,313.

The quarterly SuperConcepts SMSF Investment Patterns Survey covers approximately 2,640 funds, a sample of SMSFs administered by Multiport (part of the SuperConcepts group) and the investments held at 30 June 2017.  The assets of the funds surveyed represent approximately $3.1 billion.

(Click on the cover page image for the full document).


Sponsor White Papers (click here to see all previous papers)

Wikipedia defines a White Paper as “an authoritative report or guide informing in a concise manner about a complex issue and presenting the issuing body’s philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision.”

Print Friendly, PDF & Email
No comments yet.

Leave a Comment:

This site uses Akismet to reduce spam. Learn how your comment data is processed.