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Showing 1101 - 1110 of 2558 results for "SMSF"

Plato launches income-focused LIC

JAMIE WILLIAMSON  |  FRIDAY, 10 MAR 2017
... generating sustainable income. It is modelled on Plato's Australian Shares Income Fund, which is specifically targeted toward SMSF and pension-phase investors. The IPO is seeking to raise $220 million, allowing for an additional $110 million in over ...

Former ING DIRECT chief joins P2P lender

DARREN SNYDER  |  THURSDAY, 9 MAR 2017
... pockets. We welcome his contribution to the next phase of our evolution as we continue to grow Australia's leading retail and SMSF investor peer-to-peer loan marketplace."

SMSFs benefit from DomaCom deal

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2017
DomaCom completed its first fractional property acquisition transaction via managedaccounts.com.au. Undertaking the transaction on behalf of Sydney-based advisory group Benwest Investment Services, DomaCom chief executive Arthur Naoumidis said the firm ...

Custody sector hits $3 trillion

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
The custody and administration sector grew 5.2% between June and December 2016, the latest figures from the Australian Custodial Services Association show. Assets under custody (AUC) for Australian investors reached $3 trillion for the first time, with ...

Super consolidation imminent: research

KARREN VERGARA  |  FRIDAY, 24 FEB 2017
The number of super funds (excluding SMFSs) have dropped by 72% from 872 to 244 in the last ten years (see Figure 1), according to new research from Rice Warner. The annual Superannuation Market Projections Report shows in 2016, 83 out of 219 funds ...

Industry super attacks SMSFs

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2017
Industry Super Australia says growth in the SMSF sector is a result of members having low levels of financial literacy. Citing a 2016 working paper from CIFR, ISA chief economist Stephen Anthony said the 5.5% increase in SMSF membership in 2015 was ...

ASIC watching SMSF advice closely

JAMIE WILLIAMSON  |  MONDAY, 20 FEB 2017
... its work to lift the standard of financial advice in Australia. Deputy chairman Peter Kell informed delegates at the 2017 SMSF Association National Conference that ASIC will engage in 'shadow shopping' over the next 12 months in the sector to achieve ...

Super must continue excellence path: O'Dwyer

JAMIE WILLIAMSON  |  FRIDAY, 17 FEB 2017
... destiny. That was the overarching theme of Minister for Revenue and Financial Services Kelly O'Dwyer's address to the 2017 SMSF Association National Conference this morning, reaffirming to delegates the government's position on incoming superannuation ...

Vanguard chief says embrace robo-advice

JAMIE WILLIAMSON  |  FRIDAY, 17 FEB 2017
... concerned with doing well for their clients. That is a key message shared by Vanguard chief executive Bill McNabb at the 2017 SMSF Association National Conference, telling delegates that business growth takes care of itself if the key focus is achieving ...

SMSFs no influence on housing

JAMIE WILLIAMSON  |  FRIDAY, 17 FEB 2017
... superannuation fund sector is no threat to homebuyers, according to the latest insights from Class. The software firm's latest SMSF Benchmark Report shows SMSFs' are not influencing high property prices because, as a sector, they have negligible exposure ...