Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 1696 results for "Managed Super"

Super assets rise to $3.4tn

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... retail (93), public sector (16), industry (33) and corporate (13%). APRA's latest findings also shows that self-managed super funds grew to $860.5 billion, up 16.9% over the period. Industry funds continued to go from strength to strength, rising ...

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
Trading platform Stake - which has a DIY super offering - has called out some of the largest super funds, saying they are failing to roll over members to its SMSF offering in the required three days. Since October 1, APRA regulated super funds have ...

Bond scam defrauds SMSFs $2.8m

KARREN VERGARA  |  MONDAY, 15 NOV 2021
A fake bond scam run has allegedly defrauded self-managed super fund members of $2.8 million. Richard Emil Ayoub, an American national, allegedly funnelled the money into Bitcoin between March and August 2021 after promoting it to investors as a fixed ...

Citi scores custody mandate

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... most innovative ETF managers." "ETF ownership has evolved in recent years, broadening beyond the retail and self-managed super fund segment to include increased participation by institutional clients, and greater ownership through self-managed accounts ...

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
An unlicensed financial services firm that allegedly misappropriated $5.7 million from self-managed superannuation fund members is in the process of being shut down by ASIC. ASIC obtained interim orders and injunctions from the Queensland Federal Court ...

HNW advice firm joins William Buck

KARREN VERGARA  |  TUESDAY, 2 NOV 2021
... The high-net-worth firm was established in 2012. As well as family group advice, Hillross Montefiore provides self-managed super fund, estate planning, retirement, and small business advice. Montefiore said the unique opportunity to combine an established ...

AMG Super launches platform, product

KARREN VERGARA  |  TUESDAY, 2 NOV 2021
... distribution and partnerships Terry Constable said the Acclaim Super & Pension is a viable alternative to a self-managed super fund that delivers the same investment flexibility without the administrative burden. AMG chief executive Alan Hegerty said ...

Superhero raise takes it across the ditch

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
... Superhero Super, which gives members control over their superannuation investments without the need to establish a self-managed super fund.

SMSFs welcome RIC exemption

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
The federal government sparing self-managed superannuation funds from the looming Retirement Income Covenant legislation has been welcomed by the sector. In response to the release of the Retirement Income Covenant exposure draft legislation, SMSF Association ...

Why advisers must understand Retirement Income Covenant

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 SEP 2021
... client] that you are very likely to not run out of money." Cooper explained that because all super funds, even self-managed super funds, will need to have a retirement income strategy that complies with the Retirement Income Covenant, advisers will have ...