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Showing 251 - 260 of 264 results for "SMSF sector"

SMSFs get "kick up the pants"

MICHAEL HOBBS  |  MONDAY, 16 MAR 2009
... "have very little idea of their legally set down responsibilities. "I would today clearly lay down the challenge - the SMSF sector needs to move forward with its thinking on the role of education of trustees and indeed it must be for all trustees," he ...

ATO targets early access and in-house rules

MICHAEL HOBBS  |  THURSDAY, 12 MAR 2009
... (SPAA) conference yesterday in Adelaide, ATO commissioner, Michael D'Ascenzo, said maintaining compliance across the SMSF sector would be difficult in the current climate. A key area of concern is trustees breaching the five per cent rule on in-house ...

SMSFs breach asset rules

MICHELLE BALTAZAR  |  THURSDAY, 26 FEB 2009
... line." The findings were from a study of more than 500 SMSFs with an average balance of $530,000. The $350 billlion SMSF sector is the fastest growing sub-segment in super funds with around 2,500 new SMSFs established each month.

Super Concepts scores $600m admin coup

MICHAEL HOBBS  |  TUESDAY, 18 NOV 2008
... significant changes in applicable law or third party charges, a CFS spokesperson said. Rainmaker Data shows that the SMSF sector is the fastest growing sub-segment of the superannuation industry, with over $362.5 billion in assets held in more than 390,000 ...

SMSF industry needs official auditors: SPAA

MICHAEL HOBBS  |  MONDAY, 3 NOV 2008
... accrued a of minimum eight hours of structured audit training in the past 12 months. "In order to build integrity in the SMSF sector and to protect the retirement savings of those who choose to manage their own superannuation, SPAA believes it is imperative ...

AIST calls for SMSF reform

ALEX DUNNIN  |  FRIDAY, 16 MAY 2008
... mandated training standards for SMSF trustees is anti-competitive because it would severely restrict access to the SMSF sector. Ruth Liew and

New voice for SMSFs

RUTH LIEW  |  WEDNESDAY, 2 APR 2008
... Superannuation Member's Association Ltd, was officially launched yesterday - the latest industry initiative to boost the SMSF sector. Established in August 2007, the association aims to help the SMSF sector maintain its integrity via advocacy on behalf ...

Tranzact grabs 60pc stake in Total Super

RUTH LIEW  |  TUESDAY, 4 MAR 2008
... half yearly report that it was "actively looking at merger and acquisition opportunities to grow its business in the SMSF sector," declared the diversified financials group in an ASX statement. "The acquisition of a controlling interest in Total Super ...

SMSFs under microscope

MICHAEL HOBBS  |  MONDAY, 18 FEB 2008
... responsibilities. Nick Sherry, minister for superannuation and corporate law, said the government was closely monitoring the SMSF sector given it has grown to more than 368,000 entities and holds more than $300 billion in assets. "The government is concerned ...

SMSFs keep portfolios unchanged

MICHAEL HOBBS  |  THURSDAY, 17 JAN 2008
... assets moving to more secure assets like bonds because of higher interest rates." He said because of the size of the SMSF sector, any significant changes in asset allocation would cause a considerable change in the market. Andrea Slattery, chief executive ...