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SMSF advice requires specialist skills, professional judgement: SMSFA

KARREN VERGARA  |  THURSDAY, 19 FEB 2026
... ASIC urged advisers to use professional judgement when determining whether a self-managed super fund is the right option. "Now, in our view, it is very difficult to use professional judgement if you don't have the competencies to give specialist ...

Looming Div 296 tax prompts urgent tax, retirement planning

KARREN VERGARA  |  THURSDAY, 19 FEB 2026
... out and investing it elsewhere. However, Heffron warned that members in this cohort must plan for this accordingly and do so now. These members don't need to do anything before 1 July 2026 or before 2027, she said, but when it is time to decide to ...

Advisers lose lead in SMSF establishments: Panel

KARREN VERGARA  |  WEDNESDAY, 18 FEB 2026
... unprecedented rise in SMSF establishments, and while financial advisers used to be the driving force behind this, they are now getting left behind, according to industry experts - but they can reclaim their lead. New findings from Class released at the ...

MA Financial, Dimensional launch new offerings

RIDDHIMA TALWANI  |  WEDNESDAY, 18 FEB 2026
... Profitability Trust, a standalone trust for Australian investors focusing on companies with high profitability. "Investors now have access to an enhanced tool kit," Dimensional Australia chief executive Bhanu Singh said. "This new Dimensional fund allows ...

Canadian pension fund in turmoil amid governance review

JAMIE WILLIAMSON  |  WEDNESDAY, 18 FEB 2026
... Pension Monitor, Don Smith approved the payout as chair and oversaw the handling of the workplace relationship. Smith has now been replaced as chair by Audrey Wubbenhorst, while the vice-chair Kareen Stangherlin has resigned from the board and will be ...

FES Super to no longer supplement returns in default

JAMIE WILLIAMSON  |  FRIDAY, 13 FEB 2026
... fluctuations in investment earnings. The fund said it is doing this in a bid to ensure it passes the APRA performance test. Until now, the reserve was funded by setting aside a portion of the earnings when returns were high to then supplement earnings ...

Bullish on AI? Don't buy US tech: Vanguard

ELIZA BAVIN  |  FRIDAY, 13 FEB 2026
... portfolio." "And the reason for that is... in every other investment cycle there are two phases to it. The first, which we are in now, is the introduction to new technology." Davis said the explosive growth of certain stocks that occurs during the first ...

UniSuper adds five to its investment ranks

ELIZABETH FRY  |  THURSDAY, 12 FEB 2026
... years at Credit Suisse as director of equities. Two other analysts and a trader have recently signed up. Rochelle Murphy is now with UniSuper's asset allocation team as a senior analyst, total portfolio analysis. She previously worked as an associate ...

AMP profits fall as Alexis George prepares to step down

ELIZA BAVIN  |  THURSDAY, 12 FEB 2026
... AMP Rewards and AMP Lifetime Super, which are helping to drive retention and member growth." George said AMP's reputation is now at the highest level since Reptrak reporting began in 2008. "Importantly, we have successfully resolved two legacy class ...

Division 296 bill tabled, suggested reforms fall on 'deaf ears'

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
... balance at the start of the income year meaning they could pay Division 296 tax on amounts that no longer exist. "With the Bill now tabled in Parliament, and in the interest of due process through the normal parliamentary process, we encourage the government ...