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

Search Results

Showing 271 - 280 of 1807 results for "Managed Super"

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 ...

SMSF claim over Dreamworld deaths hits snag

ELIZABETH MCARTHUR  |  TUESDAY, 15 SEP 2020
A self-managed super fund has had a request for more information from Ardent Leisure, the owner of Dreamworld, over the Thunder River Rapids deaths in 2016 thrown out. Colin Ingram and Judy Tolloch are lead applicants in a class action being brought ...

ASIC takes disqualification decision to Federal Court

ALLY SELBY  |  FRIDAY, 11 SEP 2020
The corporate watchdog has refused to back down on a decision to disqualify a Queensland-based self-managed super fund auditor, taking the Administrative Appeals Tribunal's decision to the Federal Court of Australia. John Gilliland had his ASIC disqualification ...

SMSF member increase bill reintroduced

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
The bill to increase the maximum number of self-managed superannuation (SMSF) members from four to six has been reintroduced in the Senate. The bill amends the SIS Act, Corporations Act, ITAA 1997 and Superannuation (Unclaimed Money and Lost Members) ...

Former adviser faces fraud charges

ALLY SELBY  |  MONDAY, 31 AUG 2020
A former financial adviser based on the Sunshine Coast has been charged with 10 counts of fraud, totaling nearly $1 million. Brett Andrew Gordon faced Maroochydore Magistrates Court over the fraud charges following an extensive ASIC investigation. Gordon ...

Unmet advice needs increases for SMSF trustees

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
Self-managed superannuation (SMSF) trustees are faced with unmet advice needs as costs and confidence in financial advisers stands in the way. The Vanguard Investment Trends Planner Report revealed a 6% increase in the number of SMSF trustees with unmet ...

ASIC cracks down on 42 SMSF auditors

ALLY SELBY  |  THURSDAY, 20 AUG 2020
The corporate watchdog has cancelled the registrations of 36 self-managed super fund auditors, while conditions have been imposed on a further six. It comes after ASIC found a number of SMSF auditors had not maintained an appropriate level of audit ...

ACCC flags dangers of ERS

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
... super scams the ACCC is seeing has shifted. In the past, most super scams were around getting people to start a self-managed super fund (SMSF). Once the scammer had convinced their victim to start an SMSF they could then trick them into "investing" the ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... have been since 2015, largely as a result of the FoFA reforms. The remaining 25% of super assets are held by self-managed super fund members who have it quite good, paying just 19% of fee revenue. Overall, in the two years to June end, members of Maritime ...

Bendigo and Adelaide Bank to face fresh class action

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
... finalised this week. EQ Legal director Sasha Ivantsoff told Financial Standard that 850 entities including self-managed super funds, trusts and individual investors had expressed interest in the class action. With only 600 enrolments needed for the action ...