
Consolidation would up super balances by 79%
New research from Rice Warner indicates the consolidation of all member accounts could boost average balances by 79 per cent.
The study revealed that if super fund members (with the exception of pensioners) consolidated their multiple accounts, the average account balance of $50,300 as at June 2015 would rise 79 per cent to $90,000.
Read the full story at SMSF Adviser.