Based on the ATO’s latest statistics on the self-managed super fund (SMSF) sector, as of September 30, 2023, there are 611,961 SMSFs.

• The total membership of SMSFs amounts to 1,142,957 individuals.
• The collective estimated assets of SMSFs reach $884.6 billion.
• The primary asset types within SMSFs (by value) are listed shares (28%) and cash and term deposits (17%).
• Demographically, 53% of SMSF members are male, and 47% are female.
• A significant 87% of SMSF members are aged 45 years or older.