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Showing 201 - 210 of 2371 results for "SMSF"

SMSF sector grows 11%: ATO stats

JAMIE WILLIAMSON  |  TUESDAY, 22 FEB 2022
The latest annual figures from the ATO show the SMSF sector bounced back from the horrors of COVID-19 to add $80 billion in the year to 30 June 2021. Releasing data today, the ATO said total assets in SMSFs hit $822 billion at 30 June 2021. This is ...

Expansion strategy boosts Sequoia results

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
... reporting period. The professional services division, which provides licensed services to financial advisers, as well as SMSF solutions, general insurance broking and legal document establishment services to accountants and stockbrokers, continues to ...

SMSF Association appoints chair

CHLOE WALKER  |  FRIDAY, 18 FEB 2022
Brisbane Lawyer Scott Hay-Bartlem has been named chair of the SMSF Association. Hay-Bartlem, a partner at Brisbane law firm Cooper Grace Ward, has been a director for the organisation since July 2019, and will replace Andrew Hamilton who is stepping ...

ATO underestimates SMSF performance: Report

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
... over 489.000 unique observations with data on over 318,000 unique SMSFs. The research found that the ATO's calculation of SMSF investment performance persistently underestimates SMSF performance, with evidence suggesting that this gap is widening. Commenting ...

AMP reports $252m loss

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
While AMP's financial advice and wealth management units show signs of recovery, the group ultimately reported a massive $252 million statutory loss in its full-year financial performance. Underlying net profit after tax, however, was up 53% to ...

Blue Crane Capital launches fintech tool for SMSFs

CHLOE WALKER  |  WEDNESDAY, 9 FEB 2022
Catering to Australia's self-managed super fund (SMSF) sector, property finance specialist Blue Crane Capital has launched a new fintech tool, SMSFr8. The online SMSFr8 platform is free for users and provides a complete analysis and comparison of the ...

Synchron appoints compliance lead

ELIZABETH MCARTHUR  |  FRIDAY, 4 FEB 2022
... Osborne was group general manager for compliance at Lifestyle Asset Management and director and responsible manager at the SMSF Advisers Network. Earlier in his career he was an authorised representative at Interprac Financial Planning and Hillross. ...

Plato launches net zero fund

JAMIE WILLIAMSON  |  MONDAY, 31 JAN 2022
... has so far achieved a return of 8.29%. Its benchmark, the MSCI World Index, has achieved 4.38%. "We know an average sized SMSF invested in the ASX 200 requires 3135 trees to get to net zero, so I think this new fund is a game-changer for those who want ...

Inquiry criticises gaps in CSLR

KARREN VERGARA  |  MONDAY, 31 JAN 2022
... discussing the Standing Committee on Economics Financial Services Compensation Scheme of Last Resort Levy Bill 2021 last week, SMSF Association deputy chief executive Peter Burgess pointed to deficiencies in the proposed bill that will fail to protect ...

Aussies shell out $51m on crypto fees

KARREN VERGARA  |  MONDAY, 31 JAN 2022
... seek advice from a licensed financial adviser before agreeing to transfer superannuation out of a regulated fund into an SMSF," ASIC said.