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Showing 1891 - 1900 of 2562 results for "SMSF"

PIPA suspends Money Choice director

JAMES FERNYHOUGH  |  MONDAY, 20 MAY 2013
... the company," he said. Among ASIC's findings was that George had been giving unlicensed self-managed superannuation fund (SMSF) advice. Kingsley said this case highlights ongoing issues within the SMSF sector. "This sector of superannuation continues ...

ATO release another SMSF self help guide

ALEX DUNNIN  |  FRIDAY, 17 MAY 2013
Reflecting the rise and rise of self directed self-managed superannuation fund (SMSF) investors, the Australian Taxation Office (ATO) has issued a publication aimed at explaining to SMSF trustees the rules around how they can pay benefits from their ...

ASIC sends warning to property spruikers

JAMES FERNYHOUGH  |  THURSDAY, 16 MAY 2013
... preferred his own interests to those of Money Choice's clients." ASIC also found that George had advised a client to set up an SMSF fund for the purpose of purchasing property when he was not licensed to do provide such advice. "We do not want to see ...

SMSF growth slows on low super system confidence

MARK SMITH  |  WEDNESDAY, 15 MAY 2013
A lack of confidence in the superannuation system is slowing the growth of the self-managed super fund (SMSF) market, according to Jordan George, technical development and policy manager at the SMSF Professionals' Association of Australia (SPAA). Speaking ...

Budget gets nod of approval from industry bodies

JAMES FERNYHOUGH, MARK SMITH  |  WEDNESDAY, 15 MAY 2013
... change unless, or until, there is a full and comprehensive review of the fundamentals of the retirement incomes regime." SMSF Professionals' Association of Australia (SPAA) head of technical and professional standards Graeme Colley also welcomed the ...

Managed funds survive ETF growth

LAURA MILLAN  |  MONDAY, 13 MAY 2013
... The research also found that 47% of the estimated 69,500 ETF investors were purchasing through self managed super funds (SMSF). The study surveyed 10,425 investors and 822 advisers on their experiences and usage of ETFs.

SPAA gives support to Council of Super Custodians

JAMES FERNYHOUGH  |  MONDAY, 13 MAY 2013
The SMSF Professionals' Association of Australia (SPAA) has voiced support for the government's move to set up a Council of Super Custodians. Minister for Financial Services and Superannuation Bill Shorten announced the creation of a Charter Group last ...

Rate cuts prompt SMSF cash exodus

MARK SMITH  |  FRIDAY, 10 MAY 2013
A wave self-managed super fund (SMSF) trustees are swaping their cash holdings for fixed interest and direct property investments, according to the latest Multiport SMSF Investment Patterns Survey. Falling cash rates mean that term deposits and savings ...

Retail business bumps up AMP in Q1

ALICE URIBE  |  THURSDAY, 9 MAY 2013
... Lifetime product. There were $391 million net cashflows compared to outflows of $45 million in Q1 12, and strong flows in to AMP SMSF which was established in June 2012. Total Australian wealth management assets under management (AUM) as at 31 March ...

Govt could handcuff SMSFs

MARK SMITH  |  WEDNESDAY, 8 MAY 2013
The government may have to force self-managed super fund (SMSF) members to undertake mandatory advice or outsource their investment strategy back to professionals to cover off a risk of it facing unexpected pension liabilities. That is the view expressed ...