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| | | The ATO is warning financial advisers that the safe harbour rules for limited recourse borrowing arrangements in self-managed super funds will be changing this week. Under the new rules, LRBAs must be consistent with either the safe harbour guidelines ... |
| | | | ... existing investments made by New Ventures since its establishment in February 2015, the first of which was a $1 million stake in SMSF platform Macrovue. "We have a strong portfolio of existing investments and our current focus is on maximising the benefits ... |
| | | | ... Commsec analysis shows that during an August 2015 market downturn, the fallout after the Brexit vote, and the US election, SMSF investors were the most active investors in the retail segment, and traded on average 30% more than non-SMSFs. "Over the past ... |
| | | | ... opportunity for people to increase their super before the June cut-off," he said. From the adviser and accountant perspective, SMSF administration software provider Class said the changes to super legislation is driving renewed interest in system automation ... |
| | | | ... and important segments of the superannuation market are already in drawdown, citing the 91% drop in net fund flows to the SMSF sector between 2010 and 2014. "The average SMSF investor has more than $589,000 in super savings while 59% of these one million-plus ... |
| | | | NAB is collaborating with an SMSF administration provider to launch a new SMSF set-up service. Through nabtrade, Heffron SMSF Solutions will provide what NAB describes as a "fully featured establishment and administration service" for SMSF investors. ... |
| | | | The average SMSF balance of females has grown 24%, demonstrating that women are becoming increasingly engaged with their superannuation. The annual self-managed superannuation funds (SMSFs) statistical overview released by the ATO shows that over the ... |
| | | | ... buying US company stocks. Sahgal said the firm is working on partnership opportunities in Australia, such as involvement with SMSF platforms and a lot of the admin platforms. He is also looking to expand in Asian markets such as Singapore and Hong Ko ... |
| | | | 1. No bachelor's degree for existing advisers In April the Federal Government announced existing advisers will not be required to complete a bachelor's degree and will be given a longer time frame to meet new education standards. Government Minister ... |
| | | | Class will deliver a new legal, pension and compliance document service to users via integration with an SMSF solution provider. The document service, provided by The SMSF Academy, is available to Class users through a tiered membership, offering streamlined ... |
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