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Showing 121 - 130 of 133 results for "SMSF members"

SMSFs may be banned from buying shares off-market

ALISON BEVEGE  |  FRIDAY, 8 JUL 2011
... circumstances, but that people had taken advantage. "People have been cherry picking the date," he said. Busoli said if SMSF members had forgotten to make a contribution in the last financial year, they could also backdate their transfer. "It's not legal ...

Government unveils response to Cooper

RUTH LIEW  |  THURSDAY, 16 DEC 2010
... prohibited though it recognises colletibles are only a minor asset class unlikley to have material affect on many SMSF members. "The Government does not agree with this recommendation because it would restrict investment choice for SMSF trustees," according ...

Divorcing super

ELISE BURGESS  |  MONDAY, 20 SEP 2010
... the individuals names, which the Court ordered be transferred into the fund for division. As with any super funds, SMSF members may take their entitlement in the form of a lump sum of cash or pension, but they do not have any direct interest in the fund's ...

Women on top of SMSFs

RUTH LIEW  |  FRIDAY, 12 FEB 2010
... once again outnumber men at 27.9 per cent versus 25.2 per cent. For those aged 55-64, the same trend applies: female SMSF members represent 34.6 per cent versus 33.9 per cent for males. Admittedly, many SMSFs are set up by married or de-facto partners. ...

Planners locked out of SMSFs

MICHAEL HOBBS  |  WEDNESDAY, 16 DEC 2009
... The paper suggests the restriction would mean the advice provided would be "more likely" in the best interests of SMSF members. Andrew Hamilton, managing director at Cavendish Superannuation, a firm that provides administration services to SMSFs, said ...

SMAs to turbocharge SMSFs

MICHELLE BALTAZAR  |  TUESDAY, 15 DEC 2009
... are critical to SMSFs. "We regard this as a ringing endorsement of the benefits which managed accounts deliver for SMSF members...the Review also notes the benefits of electronic trading which managed accounts generally provide," he said. Arthur Naoumidis ...

Cooper Review calls for SMSF structure overhaul

MICHAEL HOBBS  |  TUESDAY, 15 DEC 2009
... also a member. But he said such a mechanism would be helpful because the only option for resolving disputes in among SMSF members is through the court system which can be time consuming and costly. Colley said forcing SMSF trustees to use a third party ...

Aviva offers pensioner relief after redemption freeze

MICHELLE BALTAZAR  |  THURSDAY, 30 OCT 2008
... country's largest mortgage funds suspended redemptions. Aviva has announced that investors, self-funded retirees and SMSF members who have Aviva products with holdings in funds that are affected by the current 'freeze' will still receive their regular ...

Calliva offers SuperAccess to SMSFs

RUTH LIEW  |  MONDAY, 25 FEB 2008
... made available just before Christmas last year. The move follows legislation changes introduced last year allowing SMSF members to borrow funds for property investment under certain conditions. The Calliva SuperAccess loan will initially be limited to ...

SMSFs navigate savings

CHRIS NICHOLLS  |  WEDNESDAY, 17 OCT 2007
... scenarios," he said. "For example, for a linked group with $1 million invested, any additional money invested by SMSF members in the linked group is effectively charged at only 0.1 per cent per annum overall." The discounts are available mainly to accounts ...