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Showing 1441 - 1450 of 11096 results for "Members"

How will Division 296 Tax impact farmers?

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... than they should be, and advisers need to be aware of this," Timms said. "Recent rapid increase in land values have seen members that previously wouldn't have been impacted face risks of this tax in the future." The federal government intends to reduce ...

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
Members must look beyond the "doom and gloom" of the superannuation tax leaping from 15% to 30% and not be scared off from using SMSFs as an alternative retirement savings vehicle, according to an expert. Presenting at the SMSF Association National ...

Insignia details transformation progress

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... synergy benefits, integrated and simplified our product and operation structure, and enhanced our offering to clients, members, and advisers. The current period profit result reflects significant investments in future growth and our desire to complete ...

Super tax is a 'wealth tax': Taylor

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... by the SMSF Association found the new tax could impact as many as 50,000 SMSFs. It estimated that 13.5% of 722,000 SMSF members would experience liquidity stress in meeting the new tax obligations. While it is a compulsory retirement savings system ...

Teals will push for super tax indexation: Burgess

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... not-too-distant future. All this Bill is going to do is make the system even more complex," he said. "[However] we've spoken to members of the Senate crossbench, and it's clear to us that we just don't have the numbers." He said some members ...

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... many cases, we saw evidence that trustees were aware of and monitoring the underperformance. Yet our review showed that members may not have been aware that their investment option was not performing as anticipated," ASIC said. "While trustees communicate ...

Younger Aussies embracing SMSFs, guidance needed

CHLOE WALKER  |  WEDNESDAY, 21 FEB 2024
... wealth outside of super, and half inside, and having a fairly balanced approach to that," she said. "Looking at how the members are looking to generate various income streams for themselves to help them maximise their ability to make contributions over ...

SMSFA reappoints Hay-Bartlem as chair

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... National Conference in Brisbane this morning, saying that the ongoing success of the annual conference is because of its members, their dedication to professionalism, and ability to foster a sense of community. "As an association, we will continually ...

Reforms will strengthen retirement advice: Experts

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... Super is a formation of LGIAsuper, Energy Super, and Suncorp's superannuation business in recent years. Some 3% of its members are covered by Brighter Super-aligned advisers while 24% are serviced by IFAs that largely came from Suncorp. "What [the ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... and no mandated use of annuities by trustees. In formulating its submission on Superannuation in retirement, the Super Members Council (SMC) - which comprises AustralianSuper, Cbus, HESTA, Hostplus, Aware Super, Australian Retirement Trust, UniSuper ...