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Showing 1061 - 1070 of 1384 results for "SMSFs"

Resi property portal targets planners, SMSFs

ALEX DUNNIN  |  WEDNESDAY, 4 JUL 2012
... investment portal Odyssey Property Solutions Australia. Beard said Odyssey created their portal because compliance focused SMSFs interested in residential property investment were often forced, ironically, to obtain advice about the sector from unlicensed ...

SPAA brands SuperStream costs illogical

LINDA HAUSKEN  |  WEDNESDAY, 27 JUN 2012
... self-managed super fund (SMSF) to pay more towards the $121.5 million levy was grossly inequitable and fundamentally flawed. "If SMSFs were to pay an extra $38 million in levies to help cover the cost of SuperStream, it would equate to about $80 for ...

AMP to acquire Cavendish

MELANIE TIMBRELL  |  WEDNESDAY, 27 JUN 2012
... said AMP SMSF director Paul Sainsbury. "It also puts us in a strong position to take advantage of the increasing move by SMSFs to seek advice from financial planners. While only 14% of existing SMSFs use a financial adviser, 42% of SMSFs are being established ...

New accountants' licence hailed as win for affordable advice

MELANIE TIMBRELL  |  MONDAY, 25 JUN 2012
... the new regime, accountants holding a limited Australian financial services licence (AFSL) may provide financial advice on SMSFs and 'class of product advice' on basic deposit products, general and life insurance, securities, and simple managed investment ...

SMSFs should pay SuperStream levy: AIST

ALEX DUNNIN  |  FRIDAY, 22 JUN 2012
Self-managed super funds are the biggest superannuation sector by dollars and will be major beneficiaries of the SuperStream reforms and so should contribute to the levy being imposed on other fund members, argues the AIST. Australian Institute of Superannuation ...

SMSF Trustees want compensation: SPAA

BEN COLLINS  |  THURSDAY, 21 JUN 2012
... fund a compensation scheme. In the wake of the Trio fraud there has been a misconception as to what the legal standing of SMSFs is when frauds occur, said Andrea Slattery, chief executive, SPAA. Despite acknowledging that SMSF trustees were aware they ...

More SMSF trustees go it alone

MELANIE TIMBRELL  |  TUESDAY, 19 JUN 2012
... Fund Report. The use of advisers by the SMSF sector declined 9% since the May 2011 survey, the report found, with 52% of SMSFs reporting use of an RG146 compliant adviser in the last 12 months. Self-reliance among SMSF trustees reflects the 80% of their ...

Russell launches mini iQ platform

LINDA HAUSKEN  |  TUESDAY, 19 JUN 2012
Russell Investments has launched a new online investment account, providing advisers and SMSFs cost-effective access to a range of actively managed, multi-asset solutions. Russell's new online investment account, Russell iQ Investments, has been developed ...

SMSF establishments continue down trend

MELANIE TIMBRELL  |  MONDAY, 18 JUN 2012
... decline in numbers from the quarterly peak of 10,434 in September 2011. The latest figures take the total number of Australian SMSFs to 468,133, according to the ATO's statistical report for March 2012, with total Australian and overseas assets now at ...

Super FUM up 3.6pc

ALEX DUNNIN  |  THURSDAY, 7 JUN 2012
... superannuation despite lacklustre returns that are expected to come in at negative in real terms for the financial year result in SMSFs and retail funds now tying for the premier position as the largest market sector with $418 billion or 30% of the market ...