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| | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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. ... |
| | | | ... 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 ... |
| | | | 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 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 ... |
| | | | ... 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. ... |
| | | | Self-managed super fund trustees and financial advisors can participate in a webinar tomorrow on how to minimise the impact of the new "super death tax" draft ruling with anti-detriment law. Draft ruling TR 2011/D3, if enacted, will apply retrospectively ... |
| | | | ... Superannuation for Townsends Business and Corporate Lawyers, said there had been renewed interest in super fund borrowing as SMSFs become more sophisticated. This can give rise to related-party transactions. For example, a member of a self-managed super ... |
| | | | ... SPAA technical director, said the mandated data standards for rollover and employer contributions were intended to apply to SMSFs. He said a longer transition period and support measures may be needed for self-administered SMSFs to adopt and conform ... |
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