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Showing 261 - 270 of 1806 results for "Managed Super"

SMSF fraudster sentenced

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
Craig Gore was sentenced to five years' imprisonment with a non-parole period of two years on six counts of fraud involving $345,000. Gore was initially arrested on 14 April 2017 after being charged with fraud relating to obtaining funds from self-managed ...

SMSFs are cost-effective, deliver for members

KARREN VERGARA  |  MONDAY, 23 NOV 2020
New research suggests that self-managed super funds are giving retail and industry funds a run for their money in terms of fees and returns. Joint research by the SMSF Association and Rice Warner found SMSFs with $200,000 or more are cost competitive ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
A former financial adviser has pleaded guilty to misappropriating $2.9 million of client funds by transferring the money to his own accounts for personal use. Ross Hopkins from NSW, appeared at the Downing Centre Local Court, where he pleaded guilty ...

Fintech to take on super with new hire

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
... its plans to take on the super industry to give younger investors a simple, low cost way to have their own self-managed super fund (SMSF), by announcing a new executive hire. Stake announced the appointment of Kris Kitto as head of product - super, a ...

AAT affirms SMSF adviser ban

JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
... years after he was found to have failed to act in the best interests of clients by recommending they establish self-managed super funds despite having low balances and the ongoing costs being greater than those of their existing funds. He was also found ...

WA Super provides merger update

JAMIE WILLIAMSON  |  MONDAY, 2 NOV 2020
WA Super has updated members on its planned merger with Aware Super, confirming its solutions will transfer on December 3. Members of WA Super have been notified their membership with Aware Super will commence from December 4, with their accounts to ...

Fresh fundies outperform

ALLY SELBY  |  THURSDAY, 15 OCT 2020
... turnover strategy than most; we will turn over the full portfolio every 30 to 45 days," he explains. "For a self-managed super fund taxed at a marginal rate of 15%, they are likely to be less concerned by this high turnover approach, so our ability to ...

Class launches new product

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
Self-managed super fund administration and software provider Class has launched an accounting and administration product for the growing number of discretionary and unit trusts. Class Trust is said to make the administration process easier for financial ...

Aussies want to invest super in property: Research

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2020
... 41% felt that said they would consider investing in direct property - such as a residential apartment - in a self-managed super fund (SMSF). Additionally, the survey found that 33% of respondents said they would consider setting up an SMSF in the future ...

Retail fund satisfaction drops

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
... satisfaction with retail funds declined 2.5 percentage points to 54.9% but easily the biggest decline was felt by self-managed super funds, down a significant 10.4% points to 67.1%. In the same period last year those with SMSFs were the most satisfied ...