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| | | Total assets in the super industry, including SMSFs and balance of life office statutory funds, increased by $15.8 bn to $1.31 trillion in the year ending December 31, 2011. Latest quarterly super performance figures from APRA show an increase of $23.8 ... |
| | | | ... make a big difference to the time taken to prepare SMSF and tax reporting, evidenced by the fact that one in every four SMSFs uses a Macquarie CMA as its cash hub," said Peter Forrest, head of cash product at Macquarie Adviser Services. Previously, statements ... |
| | | | ... business and non-business uses," warned the ATO in its latest SMSF newsletter. According to the latest ATO statistics for SMSFs, real property makes up 15% of the sector's assets. This is twice the property weighting for regular super funds where only ... |
| | | | ... standard death, total and permanent disability and income protection cover, according to AIA. The new plan can also cater for SMSFs that use platforms as an administrative tool, in an additional effort to benefit advisers servicing the SMSF sector, said ... |
| | | | ... preservation and income generation," said Wilson. "That desire is reflected in the large allocation to defensive assets SMSFs, the majority of which are owned by individuals over 50 years of age." |
| | | | ... managed super funds. That's according to Alex Francois, head of distribution, investments at Provident Capital, who believes SMSFs are the new retail funds. "A lot of these SMSFs are finding their way to fund managers through managed funds or exchange ... |
| | | | ... Association (SPAA) national conference on Friday, Minister Shorten said new legislation on advice accountants can provide to SMSFs and the auditors registration will be revealed within the next fortnight. Andrea Slattery, SPAA chief executive, said the ... |
| | | | Managed funds have been losing ground to low-cost options, said one asset manager, leaving the sector with the difficult task of convincing investors looking for absolute return, that funds are a good idea. Speaking at the Self Managed Super Fund Professionals' ... |
| | | | ... technical knowledge. "The continued growth of the SMSF sector and future potential changes impacting the industry mean that SMSFs will continue to be front and centre in 2012," said Slattery. |
| | | | ... last February with four working groups to implement Cooper recommendations, including MySuper, SuperStream, governance and SMSFs. While the groups were wound up in August last year, the Stronger Super group has continued to meet on a monthly basis to ... |
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