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Showing 1011 - 1020 of 1383 results for "SMSFs"

HOSTPLUS to become a PST

MARK STORY  |  THURSDAY, 24 JAN 2013
... become a pooled superannuation trust (PST) are complete later this year, HOSTPLUS will be the first Industry fund to allow SMSFs to invest in its underlying investment platform. As well as helping to keep costs down, HOSTPLUS CEO David Elia also expects ...

APRA's SMSF loan warning berated

MARK SMITH  |  MONDAY, 21 JAN 2013
... Townsend does not materially increase the risk from the bank's viewpoint. "The average and median benefit levels of members in SMSFs show them to be persons of some means and the banks will have certainly confirmed that before agreeing to accept such ...

SPAA backs limited recourse borrowing rule changes

MARK SMITH  |  TUESDAY, 15 JAN 2013
... serious financial consequences for trustees," he said. The comments come amid growing concern within the industry surrounding SMSFs use of limited recourse borrowing. While SPAA is largely in favour of limiting the way SMSF gearing can be implemented ...

SMSF popularity belies fickle performance

MARK SMITH  |  MONDAY, 14 JAN 2013
... up 26% on the previous year, and new Australian Prudential Regulation Authority (APRA) figures shows the total number of SMSFs has now risen to 478,263. But while SMSF members tend to come out on top in satisfaction surveys, there is no evidence to show ...

Super is back in favour

MARK SMITH  |  THURSDAY, 10 JAN 2013
... during the period while public sector funds' assets increased 5.7%. Small funds' assets including self-managed super funds (SMSFs), single-member approved deposit funds and small APRA funds, increased 3.7% and retail funds' assets by 0.9%. Corporate ...

Retail Super Funds tank in satisfaction-stakes

MARK STORY  |  FRIDAY, 21 DEC 2012
... level of fees and charges and as a result their funds are moving from Retail and to a lesser extent Industry Funds into SMSFs," said Morris. "The ease of switching super funds and the increase in people using SMSFs means that the Retail sector will increasingly ...

SMSF growth highest in five years

MARK STORY  |  FRIDAY, 14 DEC 2012
... update. The number of windups for the same period was 994, the lowest ever by nearly 4,000. This makes the net growth of SMSFs in 2011/2012 nearly 3,000 per month and confirms the increasing popularity of this type of superannuation arrangement. The ...

Matthews Steer creates new wealth management arm

MARK SMITH  |  THURSDAY, 13 DEC 2012
... Steer said the wealth management division was partly inspired by the continued growth in self managed superannuation funds (SMSFs). "We are seeing more demand for the SMSF structure and the private wealth division will provide a truly holistic service ...

Investors turn from cash to fixed income: UBS

MARK STORY  |  WEDNESDAY, 12 DEC 2012
... out. "Hybrids are also a good way for retail investors to acquire high quality debt like CBA, and these are a good way for SMSFs to build diversification into bonds, and receive good spreads over the cash rate," she advises. While there won't be a rush ...

One-stop admin and investment shops target SMSFs

MARK STORY  |  TUESDAY, 11 DEC 2012
... out in this space. "I can see those dominant players in the investment layer wanting to offer a more holistic service to SMSFs," says Lumby. Given that equities and cash are the two single biggest asset classes for SMSFs, he expects to see further consolidation ...