Responding to the rise in younger SMSF trustees
With younger SMSF trustees driving up SMSF establishments, Jo Hurley highlights the top priorities for trustees in this age group.
Class general manager, growth, Jo Hurley discusses the upwards trend in SMSF establishments in the 44 and below age group as reflected in recent ATO statistics.
Ms Hurley touches on some of the factors driving the increase in SMSF setups in this age group including more efficient solutions in the market and changes in guidance from the regulators.
She also discusses some of the ways this demographic could be better serviced by SMSF professionals including better data visibility and modelling to demonstrate the impact of different strategies.