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Almost half of trustees changing portfolios ‘significantly’

Almost half of trustees changing portfolios ‘significantly’

Miranda Brownlee
12 April 2016 — 1 minute read

A recent survey found 46 per cent of SMSF trustees have “significantly changed” their asset allocation in the past 12 months in light of share market volatility.

The research, from AMP Capital and Investment trends, also found 30 per cent of SMSF trustees are seeking to diversify their portfolio, with a further 30 per cent taking a more defensive strategy.

Reduced confidence in the Australian share market appears to be a core driver of the change, with 25 per cent of trustees saying they negatively view Australian shares, compared to only 11 per cent in 2015.


However, while adopting a new investment approach is a focus, trustees are spending an average of only 3.4 hours per month researching and selecting their SMSF investments, a decline of eight per cent compared to 2015.

“We’re seeing an increasing number of trustees wanting investment options that improve their fund’s diversification. However, 83 per cent of investors say they face difficulty managing their SMSF, including a lack of time to research and select the right investments,” said AMP Capital’s head of self-directed wealth and SMSF, Tim Keegan.

“Our research found that 61 per cent of trustees are open to seeking professional advice, which has increased from 46 per cent in 2015,” he added.

Read more:

SMSF registration process set for shake-up

Restructuring an LRBA takes ‘longer than you think’

New service launched for accountants seeking licences

CAANZ calls for salary sacrificing amendments

Charter Hall acquires stake in Brisbane office building

Almost half of trustees changing portfolios ‘significantly’
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