SMSF net flows

During the five years to 30 June 2014, overall net flow into SMSFs was $45.2 billion.

Graph 4 shows that from 2010 to 2014, there was a 91% reduction in net inflows into SMSFs, from $11.5 billion to $1 billion. This is largely attributed to benefit payments which increased to more than $30 billion in 2014, as well as additional deductible and non-deductible operating expense items in the calculation of net fund flows from 2013 (see Appendix 3).¹¹

Graph 4: Breakdown of SMSF fund flows

The net fund flow equals contributions plus net transfers (inward minus outward rollovers) minus benefit payments and administrative and investment expenses.

11 ATO 2015, Self-managed super fund statistical report, June 2015