Tim Steele, chief executive officer at Class, and Jo Hurley, general manager, growth at Class, join the SMSF Adviser Show to talk about the findings of their annual Benchmark Report. Mr Steele and Ms Hurley explain that younger generations are driving new SMSF establishments, but growth in the sector is also being aided by greater longevity for older SMSF members. The pair also cover the superannuation gender gap, including the relatively strong showing from SMSFs versus APRA funds and the “reverse gender gap” seen in under 25s with SMSFs. Finally, Mr Steele and Ms Hurley highlight the disparity between SMSF and APRA fund members enjoying tax-free earnings in retirement phase, as well as the implications of the $3 million super balance cap.