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Showing 11 - 20 of 87 results for "APRA fund"

Reforms will strengthen retirement advice: Experts

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
Reforms underway to expand financial advice will have positive ramifications for the SMSF and APRA-regulated sectors as it will ultimately uplift outcomes in the retirement phase for all Australians, industry experts say. The first day of the annual ...

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
Investment returns for APRA-regulated superannuation funds lagged self-managed super funds (SMSFs) by 4.1% in the 2021-22 financial year, according to the University of Adelaide. During this period, while the S&P/ASX 200 index declined by more than ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
Next week, self-managed super fund professionals can leverage what APRA-regulated funds are excelling in as well as learn about critical issues affecting the sector from a suite of experts, according to the SMSF Association (SMSFA). Heffron SMSF Solutions ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... reduce costs to members via increased scale and consolidation, a CFS spokesperson confirmed at the time. According to APRA fund-level superannuation statistics, encircle Super held 7612 member accounts and assets under management of $2.7 billion as of ...

Young Aussies flock to SMSFs

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... for people under the age of 67. SMSF members appear to be enjoying tax-free earnings in retirement phase compared to APRA fund members. In contrast, nearly one in two members over 65 years old in APRA funds still have their entire balance in accumulation ...

Retail super funds plan to merge

ANDREW MCKEAN  |  WEDNESDAY, 26 JUL 2023
... statements made by APRA as to the benefits of consolidation within the superannuation industry." Of note, according to APRA fund-level superannuation statistics, encircle Super held 7612 member accounts and assets under management of $2.7 billion as ...

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
Treasury has proposed a 1.5% increase in the Financial Institutions Supervisory Levies for the 2023-24 financial year, including a $7.2 million budgetary boost for APRA. Treasury papers revealed the total funding required under the levies in 2023-24 ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... taxable contributions, the tax won't be applied. Further, and in a significant concession, it has also suggested large APRA fund be exempted from NALI for both general and specific expenses, while expenditure that occurred prior to 2018/19 will also ...

SMSFs weather market storms: Report

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... with using the ATO's published SMSF investment performance data to compare the performance of the SMSF sector to the APRA fund sector, Burgess said. The ATO's estimated SMSF investment return for 2019/20 was -1.5% and 12.9% for 2020/21, compared to -0.6% ...

ATO keeping tabs on SMSF early access, tax avoidance

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... on to withdraw their super before they are legally entitled to," he said. "Once the money is rolled over from their APRA fund and then withdrawn from the SMSF bank account, these members abandon the fund and never lodge a return." This trend has risen ...