According to ATO statistics, there were only 67 wind-ups in the three months to the end of March 2015, compared with the 866 wind-ups that occurred in the March 2014 quarter.
However, this figure is likely to be updated in future statistical reports as more data is received and processed by the ATO.
Statistics for the past year showed a similar trend, with total SMSF wind-ups falling from 9,589 in the 12 months to 31 March 2014 to 6,652 wind-ups in the 12 months to the end of March this year.
Total establishments also saw a decline, however, with the number of establishments down 24 per cent from 7,868 in the March quarter last year to 5,978 this year.
Total net Australian and overseas assets rose, increasing by $54,711 million from $525.5 billion at the end of March last year to $580.2 billion.
The statistics also indicated there has been a slight shift in the demographics of SMSF trustees, with trustees aged 44 and younger making up a slightly larger proportion of the overall trustee population.
The proportion of SMSF trustees in this age group has more than doubled in the past five years, jumping from around 19.9 per cent in March 2010 to 43.9 per cent at the end of March this year.
Lets not get ahead of ourselves hear. The first edition of the ATO statistics are always revised upwards. e.g SMSF wind ups for the March 2014 quarter were first reported as 216 and are now reported as 866. Similarly fund establishments in the March 2014 were first reported as 6,590 and have been revised upwards to 7,868.
When analysing the ATO statistics a long term is needed.
However the general trend in fund establishments is lower. Establishments calendar year 2014 have settled at around 34,000 per annum well down from the boom times of 2012 where they reached a peak of 43,000