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

Search Results

Showing 261 - 270 of 1381 results for "SMSFs"

SMSF changes unlikely to mushroom new funds

KANIKA SOOD  |  FRIDAY, 25 SEP 2020
Allowing more members in SMSFs is unlikely to spur their establishment rates, according to a submission by University of Sydney's Susan Thorp. Earlier this month, a bill to increase the maximum number of SMSF members from four to six was reintroduced ...

Retail fund satisfaction drops

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
... 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 but is now at its lowest in eight years since September 2012. The report found UniSuper has the highest ...

SMSF member increase bill reintroduced

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
... memorandum for the bill said: "For families with more than four members, currently the only real options are to create two SMSFs (which would incur extra costs) or place their superannuation in a large fund." The SMSF Association welcomed the changes ...

Unmet advice needs increases for SMSF trustees

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... provide planners great solutions to diversify their clients' portfolios. They are low-cost, easy to implement and provide SMSFs access to different markets and asset classes, as well as liquidity benefits," Pope said.

ATO clarifies part disposal rules: DomaCom

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... industry or retail funds. "For investors, DomaCom's Senior Equity Release delivers 3% income plus capital growth and may suit SMSFs in accumulation mode as well as institutions seeking reliable long-term income and growth," Naoumidis said. It comes as ...

ATO announces SMSF age limit changes

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
The Australian Taxation Office (ATO) has confirmed changes to age limits on super contributions for SMSFs. The ATO the changes have been made as part of its Superannuation - improving flexibility for older Australians measure. Changes, which were effective ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... recommendations in the report include the creation of infrastructure vehicles traded on secondary markets to allow super funds and SMSFs to finance new infrastructure projects ; reducing the company tax rate to 25% for all companies to promote international ...

ASIC slammed over SMSF data

ANNABELLE DICKSON  |  WEDNESDAY, 5 AUG 2020
... average cost of running an SMSF is $13,900 per year. Earlier this year the ATO released its 2017-18 Statistical Overview of SMSFs and defied these costs by showing the median operating expense of SMSFs is $3923 a year and the average at $6152. Chair ...

SMSFA, FSC call for infrastructure investment access

ANNABELLE DICKSON  |  TUESDAY, 28 JUL 2020
... Cabinet. SMSF Association chief executive John Maroney said: "It has always been a bone of contention with the Association that SMSFs have been largely precluded from investing in infrastructure." SMSFs have generally been excluded from investing in ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... which superannuation money is managed. "There is an argument that the current structure is restrictive, but the growth of SMSFs provides a valid outlet for those who want to manage their own money more closely. We expect the Review will comment on this ...