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

Search Results

Showing 2421 - 2430 of 2562 results for "SMSF"

SMSF trustee faces criminal charges

RUTH LIEW  |  WEDNESDAY, 6 AUG 2008
Castle Hill resident Atan Ona Kassongo has become the first SMSF trustee to be charged by ASIC for failing to maintain the fund in accordance with the sole purpose test. Kassongo, 51, was charged by the Australian Securities and Investments Commission ...

BGI targets adviser iShare apathy

MICHAEL HOBBS  |  THURSDAY, 24 JUL 2008
... on the benefits of using the funds. Adam Seccombe, iShares co head, said iShares are used by the Self Managed Super Fund (SMSF) market, but the product had not gained traction amongst financial advisers. "We have a long way to go in terms of introducing ...

Calliva suspends new loans to SMSFs

THE SHEET  |  WEDNESDAY, 23 JUL 2008
Specialist lender Calliva Group has been forced to suspend new applications for its superannuation fund loan product, SuperAccess, after being told by its funder RBS that its facility would not be renewed. Calliva chief executive Vince Scully said RBS ...

SMSFs take up instalment warrants

MICHAEL HOBBS  |  FRIDAY, 27 JUN 2008
Instalment warrants will become more widely used by self managed super fund (SMSF) trustees as they become familiar with the strategy and banks start providing more products that enable them to do so, according to SuperConcepts. Graeme Colley, ING Australia ...

ATO sends warning to super fund trustees

MICHAEL HOBBS  |  MONDAY, 16 JUN 2008
... tax implications when transferring assets. Graeme Colley, SuperConcepts superannuation strategy manager, said the number of SMSF trustees moving assets into their fund to avoid paying excess contributions tax would be far from significant. He said D'Ascenzo ...

Asgard enhances SMSF admin

MICHAEL HOBBS  |  TUESDAY, 10 JUN 2008
Asgard Wealth Solutions partnered with smartsuper to improve its self managed super fund (SMSF) administration service to its clients. The agreement allows Asgard to provide a broader administration service for trustees, members and advisers. Previously ...

Praemium raises $8m working capital

MICHAEL HOBBS  |  THURSDAY, 29 MAY 2008
... managed account technology to wealth managers, financial planners, accountants, stockbrokers and Self Managed Super Fund (SMSF) administrators.

Macquarie launches defensive options

RUTH LIEW  |  FRIDAY, 23 MAY 2008
... transfer of funds to a linked account and 24/7 online visibility. Aiming to palm a slice of the self-managed super fund (SMSF) market, Macquarie has also made the account suitable for SMSFs. The product caters for investors who wish to maximise the returns ...

SMSFs buoy netwealth FUA

MICHAEL HOBBS  |  MONDAY, 19 MAY 2008
While some platforms reported a drop in fund inflows, growing support from self-managed super funds boosted netwealth's funds under administration (FUA) by 50 per cent to $960 million over the year. Overall, netwealth's funds under management increased ...

AIST calls for SMSF reform

ALEX DUNNIN  |  FRIDAY, 16 MAY 2008
... requirements. Specifically, the group has recommended the advice provided by accountants regarding the establishment of an SMSF be brought within the definition of "financial service" within the Corporations Act. AIST has also argued that there should ...