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

Search Results

Showing 271 - 280 of 1381 results for "SMSFs"

Super fund satisfaction mixed, SMSFs unhappy

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
At a time when many Australians are engaging directly with their superannuation fund for the first time, member satisfaction appears mixed, with two separate surveys producing some opposing views. That's according to the latest insights from Roy Morgan ...

APRA funds can learn from SMSFs: Rice Warner

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
... super funds have the edge over their APRA-regulated counterparts, according to insights from Rice Warner. Rice Warner said SMSFs cater well for retirees as their structures are more sensible and allow retirees to manage their finances properly. The company ...

Vanguard launches SMSF functionality

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... launched a self-managed super fund capability within its Personal Investor offering. Through Vanguard Personal Investor, SMSFs will be able to trade the top ASX shares by market capitalisation at $19.95 or 0.15% per trade (whichever amount is greater ...

New requirements for SMSFs

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
The Australian Taxation Office has announced new accounting requirements for SMSFs, which will come into effect 1 July 2021. New accounting standard AASB 2020-2 has been released by the Australian Accounting Standards Board (AASB) and will come into ...

ATO data heaps pressure on ASIC's SMSF fact sheet

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
... ASIC's SMSF expense fact sheet under renewed pressure. Freshly released ATO figures show the median "operating expense" of SMSFs is $3923 a year, a stark contrast from data published by ASIC last year which stipulated the average operating expense ...

ATO warns against SMSF property development

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
The Australian Taxation Office has shared its concerns about a growing number of SMSFs purchasing and investing in the development of real property. The ATO said it strongly encourages SMSF trustees who may be considering property development to seek ...

FSC calls for SMSF access to infrastructure

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... Australian Superannuation and Infrastructure Investment Vehicles (ASIIVs) would unlock around $1.7 trillion in choice and SMSFs for infrastructure projects from investors who have limited access to them. "After steering Australia successfully through ...

SMSFs to weather the storm

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
While hundreds of thousands of Australians remove tens of millions from their superannuation accounts, SMSFs are holding their own. The most recent superannuation statistics released by APRA show there was a decrease of 7.7% in total superannuation ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... performance index fell 8.8%," Dunnin said. "Over 12 months, super FUM is down just 0.3%. But retail super is down 9.3% and SMSFs 4%. Yet, not-for-profits are up 6.2%." Despite fears super funds would struggle to meet the demands of the government's ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... efficiency in the superannuation industry if you don't include in your scope the 50% of it held in retail super and SMSFs," Dunnin said. "There's a lot more to scale than just funds size. Yes there are observable performance scale effects, but ...