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Showing 71 - 80 of 266 results for "SMSF Association"

ASIC zeroes in on bad SMSF advice, conduct

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
The corporate regulator continues to hunt down perpetrators that give bad advice to self-managed super funds, sounding a warning that it is flexing its new powers in superannuation. ASIC commissioner Danielle Press told the recent SMSF Association's ...

SMSFs primed for best financial interests duty

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
... ahead of the game in terms of meeting the looming best financial interest rules, according to its peak body. SMSF Association deputy chief and director of policy and education Peter Burgess told the association's first day of its National Conference ...

Hume advocates for affordable advice

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... way Australians could maximise their income in retirement." After consulting members and in response to CP332, SMSF Association chief executive John Maroney said: "[We] found that the advice process is lengthy, costly and prioritises compliance and the ...

Legacy pensions score win

KARREN VERGARA  |  WEDNESDAY, 13 JAN 2021
The SMSF Association has welcomed a new law that will allow the partial commutation of legacy pensions. The change was announced in the federal government's mid-year economic and fiscal outlook (MYEFO), which was released last December. Retirees with ...

SMSFs are cost-effective, deliver for members

KARREN VERGARA  |  MONDAY, 23 NOV 2020
... are giving retail and industry funds a run for their money in terms of fees and returns. Joint research by the SMSF Association and Rice Warner found SMSFs with $200,000 or more are cost competitive with both industry and retail super funds. Balances ...

Treasury expected to release retirement review

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... three-person panel of Treasury veteran Mike Callaghan, former Future Fund board member and banker Carolyn Kay and former SMSF Association chair Deborah Ralston produced the 600-page report. Their job was not to make any recommendations (akin to the Royal ...

Vanguard to cull institutional mandates

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... gotten an APRA licence. Vanguard's head of corporate affairs Robin Bowerman was appointed the chair of the SMSF Association in October 2019 but moved to deputy chair in February. In exchange traded funds (ETFs), Vanguard holds a 31% share with roughly ...

SMSF member increase bill reintroduced

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
... options are to create two SMSFs (which would incur extra costs) or place their superannuation in a large fund." The SMSF Association welcomed the changes to the maximum number of allowable members. SMSF Association chief executive John Maroney said ...

SMSFA, FSC call for infrastructure investment access

ANNABELLE DICKSON  |  TUESDAY, 28 JUL 2020
The SMSF Association and the Financial Services Council (FSC) are calling for self-managed super funds to have access to unitised, liquid infrastructure investments as a way of generating economic growth. The two organisations, which represent more ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... and includes two other panelists in former Future Fund board member and banker Carolyn Kay and former chair of SMSF Association Deborah Ralston. The review was not to make any recommendations (akin to the Royal Commission or Productivity Commission's ...