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Showing 241 - 250 of 1806 results for "Managed Super"

ASIC issues warnings on investment scams

ANNABELLE DICKSON  |  FRIDAY, 14 MAY 2021
... corporate regulator identified several ongoing investment scams including duping consumers into establishing self-managed super funds, and advertisements for crypto-asset and contracts for difference disguised as fake news articles. ASIC has discovered ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... government is also extending the central control and management test safe harbour from two to five years for self-managed super funds (SMSFs) and removing the active member test for both fund types. As such, the measure relaxes residency requirements ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... lifetime pension and annuity products from any provider which were commenced prior to 20 September 2007, including self-managed super funds. Throughout this amnesty, individuals will be able to exit their existing product and transfer capital and reserves ...

UK lender targets SMSFs in Australia

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
A UK marketplace lender is launching in Australia, targeting wholesale investors and self-managed super funds. CrowdProperty has launched in Australia under chief executive David Ingram. It matches investors with developers of small to medium-sized ...

Raiz acquires superannuation platform

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
ASX-listed Raiz will pay $9.5 million to acquire a firm with a $70 million Choice superannuation fund. Raiz is set to buy Superestate, whose business includes superannuation, a residential property fund, and a property data platform. Under the deal ...

BGL expands product range overseas

KARREN VERGARA  |  TUESDAY, 13 APR 2021
Accounting and self-managed superannuation fund software provider BGL is launching one of its products in Singapore. BGL's CAS 360, a company compliance and trust management software solution, has launched a beta version for Singapore-based clients. ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
Mayfair 101 investors who have had their life savings frozen amid ASIC's proceedings have been left to their own devices, partly due to Mayfair not being a member of the Australian Financial Complaints Authority (AFCA). A spokesperson for AFCA told ...

Dodgy SMSF operator loses appeal

ELIZABETH MCARTHUR  |  FRIDAY, 12 MAR 2021
The Tax Practitioners Board (TPB) decision to terminate a Perth tax practitioner has been upheld by the Administrative Appeals Tribunal. Ashley Cross was found to have falsely lodged 125 SMSF annual returns over nine years which declared that self-managed ...

Former QIC executive joins Qualitas

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
... years as a business director of client, product and marketing, responsible for institutional and retail and self-managed super fund strategies. Delaney currently sits on the board of Lonsec and Trawalla Group. Qualitas chair Michael Schoenfeld said Delaney ...

Super assets hit record high

KARREN VERGARA  |  WEDNESDAY, 3 MAR 2021
... basis, the asset pool rose 2.2%, buoyed by APRA-regulated assets, which increased 3% to $2.06 trillion. The self-managed super fund sector was flat at $764.2 billion. Pitting retail funds against industry funds, the latter jumped 6% to $817.9 billion ...