Industry Analysis & Industry Trends
The Self-Managed Superannuation Funds industry has continued its rise over the past five years. Industry assets are forecast to increase at an annualised 7.9% over the five years through 2015-16 to reach $605.8 billion, while industry revenue is forecast to decline at an annualised 9.8% over the same period, to total $45.8 billion. As with any superannuation fund, self-managed superannuation fund (SMSF) revenue is highly volatile as the industry is exposed to equity markets. However, a large portion of industry revenue is also attributed to inward transfers (i.e. rollovers), which are assets that have been transferred into SMSFs from other super funds. Industry revenue grew substantially in 2012-13 as financial markets strongly rebounded and the inflow of funds significantly grew. A... purchase to read more
Industry Report - Industry Investment Chapter
The Self-Managed Superannuation Funds Industry has a low level of capital intensity. By definition, the industry generates zero profitability and pays no wages. The industry also has no real need to invest in capital. However, the industry pays management and administration fees to third parties. Therefore, the relative capital intensity of these third parties can be used as a proxy.
The Funds Management Services industry, Accounting Services industry and Legal Services industry all have low levels of capital intensity. All these industries require highly qualified and educated, well-paid employees to provide services, with relatively low capital expenditure on computers, software and office furniture... purchase to read more