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SMSF Investment Patterns Survey June 2017

  •   17 August 2017
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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.

  •   17 August 2017
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