Opinion
How family super funds can boost wealth
New rules that allow SMSFs six members rather than just four offer opportunities for transferring assets to the next generation, as well as boosting contributions.
Peter BurgessContributorThere is little doubt significant demographic and cultural change is underway in self-managed super funds.
Statistics highlight a growing trend that SMSFs are becoming more attractive to a younger cohort. More anecdotally, there is evidence that funds are becoming more multicultural and that the federal government’s decision to increase fund size from four to six members is beginning to garner interest.
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