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Showing 171 - 180 of 1807 results for "Managed Super"

ATO keeping tabs on SMSF early access, tax avoidance

KARREN VERGARA  |  FRIDAY, 21 APR 2023
The tax office issued a fresh warning to the rich who use self-managed superannuation funds as a vehicle for dodging tax and those who illegally access their retirement savings early. Of the total SMSFs in existence, 25% are operated by private wealth ...

Saxo launches managed portfolios

KARREN VERGARA  |  TUESDAY, 28 MAR 2023
Saxo Australia today launched a suite of managed portfolios targeting self-directed investors and self-managed super funds. SaxoSelect offers seven managed portfolios with actively managed and index-based strategies. Three offerings are managed by BlackRock ...

Risk clients, practices worth more: Radar Results

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
Financial advice practices specialising in risk insurance are gaining higher price multiples on clients and are selling for up to $1.5 million as demand rises and supply drops. Radar Results' latest insights show price multiples on risk insurance ...

Super funds are lousy at communications: Strategist

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... they're pro free-trade and tend to vote Coalition," Ralph said. "In terms of super, they aspire to have a self-managed super fund..." At 6% of the population, Anti-Establishment Firebrands think that politicians are "people in shiny suits who interfere ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... APRA-regulated funds. This suggests that individuals with significant balances in retail funds may have migrated to self-managed super funds (SMSFs), Rainmaker Information said. This is another case study of how retail super has lost the superannuation ...

Industry super defies turbulent markets

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
... billion, while public sector funds experienced the largest drop of 24% to finish 2022 at $484.1 billion. The self-managed super funds sector was also down, declining 2.4% year on year to $880.6 billion. Meanwhile, MySuper products declined in line with ...

SMSF sector hit the reset button: Research

CHLOE WALKER  |  TUESDAY, 28 FEB 2023
... them long to bounce back, how they're used has changed. According to insights from Rainmaker Information, the self-managed super funds (SMSF) sector grew its funds under management (FUM) by 5.8% per annum over the last five years. However, this was slower ...

ASIC bans mortgage broker for eight years

KARREN VERGARA  |  MONDAY, 27 FEB 2023
An unlicensed mortgage broker who misled superannuation fund members about property investing has been banned from working in financial services for eight years. Christine Betty Childs, who was the director of Think Money and Think Money Wealth Through ...

The self-funded retiree is a misnomer: Institute

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2023
New research from The Australia Institute shows the cost to the federal budget of tax concessions is almost on par with the total cost of the Age Pension, with the think tank declaring the 'self-funded retiree' a misnomer. According to the insights ...

Former planner pleads guilty to dishonest conduct

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
A former Melbourne financial planner has pleaded guilty to three counts of engaging in dishonest conduct whilst running a financial services business. ASIC found that between February and March 2015, Bradley Grimm engaged in dishonest conduct on five ...