Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 191 - 200 of 1833 results for "Managed Super"

ASIC bans former Madison adviser

CASSANDRA BALDINI  |  TUESDAY, 6 JUN 2023
Brisbane-based financial adviser Stephen Vick received the ban for recommending his clients roll over their existing superannuation to a newly established self-managed superannuation fund (SMSF) and borrow to invest in residential property. The regulator's ...

MySuper inches to $1tn

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
... period. Retail funds ($680bn) and corporate funds ($56.9bn) on the other hand dropped 1% and 4% respectively. Self-managed super funds also had a disappointing run, declining 3% to $889.5 billion. Industry funds delivered 6.2% worth of five years annualised ...

Super fund ASX dominance stable: Research

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2023
... held at the end of March 2021, split across not-for-profit funds (13%), retail funds (9%) and smaller funds or self-managed super funds (15%). At the end of June 2022, industry super funds held 18% of members' money in Aussie stocks, while retail funds ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... what was expected following consultation. Financial advisers will need to carefully consider the impact on any self-managed super fund clients who are affected," she said. "On both NALI and the pre-announced super changes, we look forward to engaging ...

Skynet fraudster terminated by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2023
The regulator issued a permanent ban to the director of Melbourne's Skynet Financial Services for stealing his clients' retirement savings to fund a lavish lifestyle and pay personal debts. Between 2013 and 2017, Terence Rio Nugara advised clients to ...

SMSFs weather market storms: Report

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... sector during the 2020 market contraction but underperformed in the ensuing bull market. The report, entitled Self-Managed super fund performance 2020/21, used data from Class, BGL Corporate Solutions and SuperConcepts on more than 310,000 unique SMSFs ...

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 ...