Australians Flock to Self-Managed Super Funds as Assets Surpass $1 Trillion
Finance experts say Australians are seeking greater control over how their retirement savings are invested.
TL;DR
- A record 52,020 new SMSFs were established in the year ending June 2026.
- Total assets in SMSFs have surpassed $1 trillion.
- The number of SMSFs being wound up has fallen sharply.
- Australians aged 35 to 44 constitute the largest demographic for new SMSF members.
- SMSFs are private superannuation funds managed by their members.