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

Search Results

Showing 111 - 120 of 266 results for "SMSF sector"

Labor's imputation credit reform cops industry backlash

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
... self-managed super funds (SMSF). The SMSF Association has hit back at the proposal claiming it unfairly targets the SMSF sector. SMSF Association chief executive John Maroney said it singles out SMSF members who will be part of a small group taxed higher ...

SMSF industry hails ATO appointment

JAMIE WILLIAMSON  |  TUESDAY, 6 MAR 2018
... forging the SMSF Association-ATO strategic partnership, and for nurturing the ongoing positive relationship between the SMSF sector and the tax office," he said. A spokesperson for the ATO confirmed that Fleming will commence in the new role on 2 July ...

Conflicted SMSF auditor disqualified

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
... person to serve as an approved SMSF auditor. "SMSF auditors play a fundamental role in promoting confidence in the SMSF sector, so it is crucial that they adhere to ethical and professional standards," ASIC commissioner John Price said. "ASIC will continue ...

SMFSA voices support for AFCA

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
... dispute-settling mechanism that will enhance their ability to deal with large institutions. "This is an important reform for the SMSF sector. Giving SMSF members the ability [to] have their grievances with a large institution dealt with by AFCA and avoid ...

SMSF Association names new chair

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2018
... board, and her contributions since have been invaluable in what has been an exacting period for the association and the SMSF sector, Gale said. "Deborah brings to the table her vast knowledge of financial services research and strategy, with its special ...

Product agnostic planners boost ETFs

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2018
... a client's portfolio also provides simple, cost-effective diversification. As such, Cerulli also cited Australia's SMSF sector as a significant contributor to the boom, along with millennial investors. "Millennials are also gravitating toward products ...

SMSFs shifting focus for diversification

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
... Woolworths and Woodside Petroleum. Separately, new data released by the Australian Taxation Office shows returns from the SMSF sector in 2015-16 were on par with that of APRA-regulated funds. The figures also show the sector having grown by 26% over ...

ATO toasts the "SMSF class of 2012"

ALEX BURKE  |  FRIDAY, 19 JAN 2018
As part of the release of its annual SMSF statistics, the ATO looked at the performance of the SMSF sector through the lens of funds established five years ago and asked: where are they now? There were 36,160 SMSFs lodged in the 2012 financial year. ...

HNWI growth outpacing super: Research

ALEX BURKE  |  WEDNESDAY, 17 JAN 2018
... $1.2 trillion in aggregate investment capital. The HNWI class represents a quarter of the number of people in the SMSF sector, but half the investment capital of the country's entire superannuation system. Wealth managers have historically tried to court ...

ASX flags imminent blockchain transition

KARREN VERGARA  |  THURSDAY, 17 AUG 2017
... of funds makes the service more attractive to brokers, advisers and their clients, including those in the growing SMSF sector. The level of funds under management within mFund doubled over the course of the year to more than $370 million." The platform ...