Over the five years to 30 June 2014, there were no significant shifts in the distribution of SMSFs by payment phase across asset ranges. On average, 49% of SMSFs in accumulation phase held assets of between $200,001 and $1 million, and 54% of SMSFs in pension phase held assets between $500,001 and $2 million.
In 2014, while 33% of SMSFs in accumulation phase held assets of $200,000 or less, only 6% of SMSFs in pension phase were within these asset ranges. Conversely, 23% of SMSFs in pension phase held assets of greater than $2 million, compared to only 5% of SMSFs in accumulation phase.
There was a similar proportion of SMSFs with assets of between $200,001 and $2 million in each payment phase, of 62% and 71% respectively.