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Showing 211 - 220 of 1819 results for "Managed Super"

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 ...

HUB24 completes Class acquisition

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
HUB24's acquisition of self-managed super fund technology provider Class has finalised. The platform announced the takeover in October 2021 and folded the technology firm into a new business unit this month. The acquisition saw Class chief executive ...

ATO underestimates SMSF performance: Report

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
... yesterday released their findings after a joint examination of the financial performance of a large sample of self-managed super funds. The examination, which took place over the period 2017-2019, comprised of over 489.000 unique observations with data ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... range will bring," he said. "We also continue to see value in expanding the Covenant over time so that the self-managed super sector can benefit from a greater focus on retirement incomes." In response to the passing of the CCIV regime, Challenger chief ...

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 ...

Inquiry criticises gaps in CSLR

KARREN VERGARA  |  MONDAY, 31 JAN 2022
... an alternative mechanism to protect both advised and unadvised investors. This is particularly relevant to self-managed super fund investors who, unlike members of APRA-regulated funds, are not eligible for compensation under part 23 of the SI(S) Act," ...

Aussies shell out $51m on crypto fees

KARREN VERGARA  |  MONDAY, 31 JAN 2022
... action. Crypto enthusiasts are typically very savvy and see fees as a waste of money," he said. ASIC is warning self-managed super funds about the increased number of cryptocurrency investment scams. "It is best practice for superannuation fund members ...

Financial watchdog warns on crypto

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... statement this week, the Australian Securities and Investment Commission ( ASIC) has issued a warning urging self-managed super funds (SMSFs) to consider the risks of cryptocurrency investments. The corporate regulator said that it had noticed an increase ...