ATO figures show a 40 per cent drop in new self managed super funds UNCERTAINTY about the future of self managed super funds has seen the number of new funds being set up drop by more than 40 per cent in the March 2013 quarter compared with both the March and December 2012 quarters. Quarterly numbers released at the weekend by the Australian Taxation Office show that the number of new funds in Australia had dropped from 9748 in the December 2012 quarter to 5840 in the latest quarter.