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

Search Results

Showing 1271 - 1280 of 1391 results for "SMSFS"

SMSFs beware the taxman

COMPANY RELEASE  |  THURSDAY, 18 JUN 2009
... the poor standards of a "minority" of trustees. And this year, the ATO is again lifting its compliance activities aimed at SMSFs. The most common breaches of superannuation law by new trustees in 2007-08 had been making loans to members and other related ...

Super breakthrough for SMAs

MICHELLE BALTAZAR  |  WEDNESDAY, 10 JUN 2009
... can only access SMAs either through their non-super money (their own savings) or if they have a self-managed super fund (SMSFs). Stuart Fechner, the head of the new division, said that their version of the SMA means millions of people who previously ...

Bonnie and Clyde team caught for fraud

RUTH LIEW  |  THURSDAY, 28 MAY 2009
... to ASIC, White "misled investors" and "acted dishonestly" by encouraging them to roll their superannuation savings into SMSFs established by the company. It was a move that let him gain access to the funds through a hidden power of attorney clause. The ...

Cavendish slashes SMSF starting fees

RUTH LIEW  |  MONDAY, 18 MAY 2009
... establishment fees of new self-managed super funds - easing the cost for financial advisers with clients looking to set up SMSFs. SMSF specialist Cavendish announced that establishment fees for all new funds commenced after last Friday would be reduced ...

Praemium scales back ops

COMPANY RELEASE  |  FRIDAY, 8 MAY 2009
... administers over $27 billion of assets as of March this year on behalf of major fund managers, financial planners, accountants and SMSFs.

Supercorp buys MYOB super software

MICHAEL HOBBS  |  FRIDAY, 3 APR 2009
... MYOB supports hundreds of accounting firms across Australia in lodging statutory accounts for self managed super funds (SMSFs). Kurt Groeneveld, Supercorp Australia managing director, the purchase was a natural progression for the firm. MYOB previously ...

Future still belongs to super

... tremendous challenges to the retail sector that always assumed platforms were the vehicle of choice." The shift towards SMSFs will however present major regulatory challenges. "The growth and popularity of SMSFs presents issues for all segments because ...

SMSFs get "kick up the pants"

MICHAEL HOBBS  |  MONDAY, 16 MAR 2009
... writing's on the wall, there's been questions around super and its viability and these questions go to all areas including SMSFs. It is time that we did something to prove our industry and protect our members retirement benefits." Sherry spoke earlier ...

SMSFs beat the market

MICHAEL HOBBS  |  FRIDAY, 13 MAR 2009
... research. Using Praemium data which contained around 4,500 funds, University of Adelaide professor, Ralf Zurbrugg, found SMSFs posted a gross loss of 11.6 per cent and a net loss of 13.7 per cent between July 2007 and June 2008. Speaking at the SMSF ...

Contributions surge to 25pc of wages

ALEX DUNNIN  |  FRIDAY, 13 MAR 2009
... contributions rather than its absolute amount. The new figures are a blow to the retail platform sector as the market share towards SMSFs now exceeds the retail fund share, highlighting that SMSFs are now the preferred structure for investors looking ...