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Showing 1111 - 1120 of 1384 results for "SMSFs"

Multiport hits $2bn

ALEX DUNNIN  |  MONDAY, 24 OCT 2011
... own services or contracting in these major suppliers, these groups still service less than an estimated 10% of the 440,000 SMSFs operating in Australia. This small footprint conversely translates into growth potential and this has prompted many of the ...

Islamic fund opens doors to Australian investors

MATT WOODINGTON  |  THURSDAY, 6 OCT 2011
... Australian Equity fund begins life today with $5.5 million of seed capital from Aon Hewitt and will target the retail market and SMSFs in particular. While acknowledging that Australians have had access to the global Islamic market for over 20 years ...

SPAA rallies against off-market trading ban

MATT WOODINGTON  |  TUESDAY, 4 OCT 2011
... rules. The government's Stronger Super reforms package includes plans to put an end to in-specie asset transfers within SMSFs amid concerns they are being used to manipulate capital gains tax and contributions caps. The issue was first raised in the ...

SMSFs in share buying mood

ELISE BURGESS  |  TUESDAY, 27 SEP 2011
A self-managed super fund survey has found trustees are buying or holding their shares with only 8% interested in selling, despite the current market conditions. The survey also found that fixed interest still dominates. The inaugural Australian SMSF ...

Legal threats loom over poor SMSF advice

ELISE BURGESS  |  FRIDAY, 23 SEP 2011
... super funds (SMSF) sector growth has risen from $132 billion to $408 billion in the past five years with more than 32,600 SMSFs set up this year alone. Many of these SMSFs seek financial advice from advisers. However the rapid growth of the sector has ...

MLC head calls for truce after laying blame at industry funds door

MATT WOODINGTON  |  THURSDAY, 22 SEP 2011
... across the entire private market, Tucker added, while also expressing concern about the volume of self-managed super funds (SMSFs). "I am concerned with the rapid take-up of these funds when they are only appropriate for a small segment of the market. ...

SMSFs feeling the age gap

ELISE BURGESS  |  WEDNESDAY, 21 SEP 2011
... some 32,619 self-managed super funds (SMSF) were set up which is the highest number since its peak in 2007 with 40,765. "SMSFs have an annualised growth of 20% for the last five years while overall APRA regulated super funds, which means retail and industry ...

SMSFs given leeway on property assets

MATT WOODINGTON  |  WEDNESDAY, 14 SEP 2011
Self managed super fund trustees will be allowed to make improvements to property assets under a proposed new ruling from the Australian Taxation Office, which has also relaxed its interpretation of single acquirable assets. The ATO's draft ruling on ...

SMSFs cash deposits reflect volatility

ELISE BURGESS  |  FRIDAY, 2 SEP 2011
SMSFs trustees are hesitant investors with too much focus on cash deposits, moving $40 billion into cash products since 2009, according to a report from Vanguard and Investment Trends. This 'wall of cash', as the report calls it, has developed over ...

Cloud software brings pay-per-audit revolution

ALISON BEVEGE  |  WEDNESDAY, 31 AUG 2011
... license fees by paying per audit. Financial services software provider Sage HandiSoft has created an audit application for SMSFs that is accessed online and stored in the cloud. Auditflow SMSF enables auditors to pay per audit rather than for a license. ...