Smsf Trends Confirmed By Self Managed Super Specialists Firm

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The increase in establishing self-managed superannuation funds (SMSF) by younger people as seen by Andrew Frith, CEO of The Self-Managed Super Specialists, head- officed in Newcastle, has been confirmed across Australia with figures released by the Australian Taxation Office (ATO).

ATO figures compiled for the quarter ended 31 March 2011 show an increase of 11% over the December 2010 quarter for people in the 35-44 age group. "We have found an even greater increase in this age group" commented Andrew "and we think it is allied to the increased awareness of Australians to save, and importantly to be in control of their savings. Whilst many people consider that this age group has little disposable income and is full-time paying off mortgages and ensuring quality education for their children, we are finding that they are looking at the family unit from an holistic view - incorporating updating of wills and ongoing estate planning as part of family responsibilities. It is heartening to see that the growth, certainly experienced by us in New South Wales and Queensland, is across Australia and not just localised."

Leenane ...
... Templeton The Self Managed Super Specialists are located in NSW Australia and are specialists within superannuation solutions and self managed super funds across Australia.

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Leenane Templeton The Self-Managed Super Specialists Pty Ltd is a Corporate Authorised Representative of Lonsdale Financial Group Limited. Level 41, 120 Collins Street, Melbourne VIC 3000. Australian Financial Services Licensee, Licence Number 246934, ABN 76 006 637 225. Andrew Frith is a sub-authorised representative.