ATO Reveals $1.1 Trillion Superannuation Shift as Australians Aged 35–44 Take Control of Retirement Savings
A major change is unfolding in Australia’s superannuation system, with more Australians in their thirties and forties choosing to manage their own retirement investments rather than relying entirely on traditional super funds. New Australian Taxation Office (ATO) figures show self-managed superannuation funds (SMSFs) have grown to hold more than $1.1 trillion in assets, supported by … Read more