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

Search Results

Showing 251 - 260 of 312 results for "SMSF trustees"

Count, NAB targets SMSFs through SPAA

ELISE BURGESS  |  FRIDAY, 20 MAY 2011
Major planning dealer groups including Count Financial and NAB Financial Planning are now targeting SMSF trustees through a newly-launched membership process by Self-managed super fund professionals association of Australia (SPAA). The streamlined process ...

Tougher controls for SMSF collectibles

ALEX DUNNIN  |  THURSDAY, 19 MAY 2011
... they must be reserved for the long term investment needs of the fund and not used for "current day benefits" of SMSF trustees or any related parties. While the draft legislation specifically says fund trustees using collectibles will be committing an ...

SMSF trustees hit pension payment woe

ALISON BEVEGE  |  FRIDAY, 29 APR 2011
Self-managed super fund trustees risk being hit by tax and forced liquidations in the pensions phase if they don't plan ahead, financial services firm HLB Mann Judd has warned. Michael Hutton, head of wealth management at the firm, said self-managed ...

Trustee fury prompts SMSF compo rethink

ALISON BEVEGE  |  FRIDAY, 15 APR 2011
... the law to be changed to allow compensation for their trustees as anger mounts over the Trio fraud case. Affected SMSF trustees are outraged that APRA-managed super fund members will be fully compensated while they get nothing, even though this was the ...

$55 million for Trio super fraud victims

ALISON BEVEGE  |  WEDNESDAY, 13 APR 2011
... compensation. Peter Burgess, technical director of the Self Managed Super Fund Professional's Association (SPAA), said SMSF trustees had redress through the court system, while acknowledging this was often difficult due to cost, time and dubious outcomes. ...

SMSFs to hedge more against longevity risk

MATT WOODINGTON  |  THURSDAY, 24 FEB 2011
... money ran out during retirement. Robertson said that advisers must identify appropriate strategies for vulnerable SMSF trustees and bring some contingent assets into portfolios. "You need to consider protection and there should be some level of hedge ...

Low contrib caps slam brakes on SMSFs

MICHELLE BALTAZAR  |  MONDAY, 21 FEB 2011
... Professional' Association of Australia Limited (SPAA), together with Russell Investments, found that around half of SMSF trustees would have contributed extra, on top of the limits allowed, to their SMSF in the last financial year had the restriction ...

Government unveils response to Cooper

RUTH LIEW  |  THURSDAY, 16 DEC 2010
... art. This is contrary to Cooper's recommendation that the acquisition of collectables and personal use assets by SMSF trustees be prohibited though it recognises colletibles are only a minor asset class unlikley to have material affect on many SMSF members. ...

The SMSF debt binge

JOHN MCDULING  |  TUESDAY, 9 NOV 2010
... per cent of SMSFs ready to embrace gearing over the next 12 months. According to an online survey of over 1,900 SMSF trustees, 470 financial planners and 470 accountants by researcher Investment Trends, just seven per cent of SMSFs currently use geared ...

All cashed up and ready to pounce

ELISE BURGESS  |  FRIDAY, 15 OCT 2010
... into property. Suggesting that managed fund providers need to do more to appeal to SMSFs, a majority 95 per cent of SMSF trustees said they don't intend to use their cash to invest in managed funds. As for share and property 'tips', nearly half of respondents ...