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Showing 191 - 200 of 1806 results for "Managed Super"

Unlicensed forex trader extradited from Poland

CHLOE WALKER  |  FRIDAY, 19 AUG 2022
Unlicensed foreign exchange trader Daniel Farook Ali has faced the Brisbane Magistrates Court charged with eight counts of fraud, after being extradited from Poland and arrested following an ASIC investigation. The corporate regulator alleges that between ...

ASIC freezes assets of unlicensed property mogul

CASSANDRA BALDINI  |  WEDNESDAY, 8 JUN 2022
The corporate regulator obtained interim orders from the Federal Court to freeze the assets of Sasha Hopkins and two of his companies, alleging he was misleading clients and running a financial service business without a licence. ASIC alleges that Hopkins ...

SMSF establishments on the rise

ELIZABETH MCARTHUR  |  TUESDAY, 26 APR 2022
... shows that the pandemic and inflation concerns have not blunted the enthusiasm of Australians for setting up self-managed super funds. The research from AUSIEX found that women and younger generations are driving new account openings, with the first ...

New research backs diversified SMSF portfolios

CHLOE WALKER  |  THURSDAY, 21 APR 2022
New research conducted by the SMSF Association and the University of Adelaide confirms self-managed super funds (SMSFs) that have diversified investment portfolios outperform those that do not. The research, based on financial statement data from over ...

Plans to remedy NALI, NALE issues welcomed

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAR 2022
... implications of this ruling for both APRA-regulated funds and SMSFs." Non-arm's length expenses (NALE) occur when a self-managed super fund's expenses are less than the amount they would have been if parties were operating on an arm's length basis. Non-arm's ...

Popularity soars for managed accounts

CHLOE WALKER  |  TUESDAY, 22 MAR 2022
... more, a third of managed account users say these structures are appropriate for millennials (aged under 35) and self-managed super funds (SMSFs). "When it comes to implementing responsible investing solutions, the vast majority, or 76%, of advisers prefer ...

Industry funds buoyed by unlisted assets

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
... would be $36,954 better off on average at the end of June 2021 compared to being a member of a retail fund or a self-managed super fund. ISA attributed the 63% of the outperformance to industry funds' appetite for unlisted physical assets and 37% to ...

Women own $1.2tn in super: Research

CHLOE WALKER  |  TUESDAY, 8 MAR 2022
... belongs to women, while the figure is slightly lower for retail funds at 39%. Forty-one percent of savings in self-managed super funds is owned by women. For public sector and corporate super funds, the ratio of women's ownership is much lower at ...

ASIC stands against suspicious SMSF auditing

CHLOE WALKER  |  MONDAY, 7 MAR 2022
To help protect the integrity of self-managed superannuation fund (SMSFs) audits, ASIC has accepted voluntary cancellations or imposed conditions on the registration of several SMSF auditors. These auditors were involved in reciprocal audit arrangements ...

Member contributions lift super assets to $3.5tn

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... assets comprised MySuper products of $950.1 billion, which recorded the highest year-on-year growth rate of 18%. Self-managed super funds hit $876.7 billion, experiencing the next biggest movement of 13% over the year. Within the sectors, industry funds ...