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Investment Trends was started in Australia and is now a multi-national research organisation conducting research and servicing clients in Australia, Asia, Europe and the US.
More SMSFs use admin specialists
Financial Observer, 28-Aug-14
The number of self-managed super funds (SMSF) that are administered through a specialist SMSF administration service instead of through in-house accountancy services increased by 35,000 or 30 per cent to 150,000 in the 12 months to April 2014. Those that used a specialist service mainly cited ease of use and administrative efficiency as key drivers in their decision, according to the OneVue-sponsored “Investment Trends 2014 SMSF Accountant Report”. The report said 265,000 SMSFs still were administered by in-house accountants, but the pace in the take-up of administration solutions seemed to be changing. “What is really interesting is that of the 27,000 new SMSFs that have been established in the last year, half of them use an admin solution,” Investment Trends senior analyst Recep Peker said at the launch of the report yesterday.
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