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Showing 91 - 100 of 133 results for "SMSF members"

SMSF flexibility makes them error prone

ALEX DUNNIN  |  FRIDAY, 16 MAY 2014
... handling their contributions. But because SMSFs don't have member reporting obligations like large funds do it leads to SMSF members being unaware of underlying issues," he said. Other vagaries arise over the pension status of SMSFs and their investment ...

CommInsure launches tailored SMSF insurance product

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
... hopes to access a market that is so-far untouched. According to Scott, only 13% of Australia's close to 1 million SMSF members are uninsured through their SMSF. This, said Scott, represents "an incredible opportunity in the market place." The new product ...

Viable SMSF size underestimated

MARK SMITH  |  MONDAY, 7 APR 2014
... June 2013. According to ATO data, an average 135 new SMSFs are established each day, or 17 per hour. Eight out of 10 SMSF members are 45 years or more and 26% are over 65 years. Around a third of newly created SMSFs in 2012 were set up by people aged ...

ATO figures nail in coffin for SMSF critics: SPAA

JAMES FERNYHOUGH  |  FRIDAY, 24 JAN 2014
... tax-free post-retirement windfall. "Hopefully, these numbers are another nail in the coffin to the myth that says SMSF members take their superannuation as a lump sum as soon as they can and then go on to the aged pension," he said.

SMSFs stick with cash and TDs

JAMES FERNYHOUGH  |  THURSDAY, 16 JAN 2014
... people with SMSFs. More than 80% were over the age of 45, with just 4% between 25 and 34. Interestingly, just 30% of SMSF members had a taxable income of over $60,000 a year, reflecting the retired and semi-retired demographic, rather than the actual ...

ASMA dismisses SMSF property bubble fears

MARK SMITH  |  MONDAY, 30 SEP 2013
The Australian SMSF Members' Association (ASMA) has dismissed recent speculation that DIY investors are overheating the property market as 'a beat-up' and called on SMSF investors to invest even more in the sector. Last week the Reserve Bank of Australia ...

RBA red flags SMSF property exposure

LAURA MILLAN  |  THURSDAY, 26 SEP 2013
... potentially exacerbate property price cycles" and added that "it raises consumer protection concerns in the event SMSF members are exposed to greater financial risks than they envisage." It alerted about the fact that investor housing loan approvals ...

ASFA wary about SMSF property schemes

LAURA MILLAN  |  WEDNESDAY, 11 SEP 2013
... investment products and property to self-managed super funds (SMSF). ASFA expressed its worries about reports that SMSF members are being offered luxury international holidays in exchange for buying property through their fund. "Any individual or firm ...

AMP targets SMSFs for infrastructure and property funds

JAMES FERNYHOUGH  |  FRIDAY, 28 JUN 2013
... investment, which is why it has been popular with industry funds, which have a large contingent of younger members. SMSF members, on the other hand, tend to be closer to retirement age, and may therefore be looking for quicker returns. But Keary said ...

ATO reveals dip in number of new SMSFs

JAMES FERNYHOUGH  |  TUESDAY, 28 MAY 2013
... with only 62 funds shutting down. The total number of SMSFs has passed the half-a-million mark, while the number of SMSF members has reached 958,095.