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Showing 121 - 130 of 1833 results for "Managed Super"

Queensland-based financial firm loses AFSL

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
... working in the industry for 10 years. ASIC explained at the time UGC had advised prospective clients to establish self-managed super funds and invest into speculative schemes, which Hewish had interest in. Meanwhile, Keystone Asset Management's Shield ...

Betashares expands Wealth Builder suite

JAMIE WILLIAMSON  |  THURSDAY, 17 OCT 2024
... taking on the increased risk of gearing and can be used in combination with dollar cost averaging. It also said self-managed super funds that have reached the concessional contribution cap might like to use GNDQ to increase their exposure to US stocks. ...

Australian investment market moves onward and upward

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
... segment after MySuper. Not for profit (NFP) funds' FUM increased by 9.1%, while small funds, predominantly self-managed super funds, saw growth of 7.5% Superannuation FUM increased 8.9% through the year to reach $3.8 trillion, in line with the growth ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... settings... but the inclusion of a tax on unrealised gains is going to be very problematic especially for those with self-managed super funds. "The call for indexation, which I turned into a proposed amendment that was voted down by the government, was ...

Global Capital Property to be wound up

KARREN VERGARA  |  TUESDAY, 8 OCT 2024
The Federal Court ordered the wind up of Global Capital Property Fund (GCPF) shortly after director Joel Hewish was banned from working in the industry for 10 years. The hearing on October 3 appointed FTI Consulting as liquidators to GCPF after ASIC ...

AMP Advice expands network

MATTHEW WAI  |  THURSDAY, 3 OCT 2024
... needs of companies in all scale, as well as both residential and commercial lending to clienteles including self-managed super funds (SMSF). Stantins founder and practice principal Spiros Livadaras said the move will improve Stantins' cross-selling ...

ASIC crackdown: Action taken against 13 SMSF auditors

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2024
During the first half of 2024, ASIC acted against the registration of 13 approved self-managed superannuation fund (SMSF) auditors. ASIC's concerns covered a range of topics, including breaches of auditing and assurance standards, independence requirements ...

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
The government is consulting on new regulations to relax restrictions on legacy superannuation products which would allow individuals to exit unsuitable products and remove barriers to closing legacy funds. The purpose of the draft Treasury Laws Amendment ...

Melbourne adviser sentenced to 18 months' prison

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
Former Melbourne financial adviser Bradley Grimm has been convicted by the County Court of Victoria on three counts of engaging in dishonest conduct while running a financial services business. Grimm was sentenced to 18 months' imprisonment, with ...

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... from his clients concerning the true nature of their investments. In some instances, he took money from their self-managed super funds (SMSFs) without their knowledge or consent. He advised his clients their money was in the Australian Diversified Sector ...