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

Search Results

Showing 11 - 20 of 79 results for "John Maroney"

SMSFA welcomes ATO adjustments

CHLOE WALKER  |  THURSDAY, 24 FEB 2022
... sector underestimates the true performance of SMSFs relative to the APRA sector," SMSF Association chief executive John Maroney said. He added that it is an important step in ensuring an even playing field for all in the super sector. However, he added ...

Inquiry criticises gaps in CSLR

KARREN VERGARA  |  MONDAY, 31 JAN 2022
... professional indemnity insurance to play a bigger role in the broader compensation framework. SMSFA chief executive John Maroney said that PII "is a vital component" for the long-term financial sustainability of the CSLR as it is essentially a mechanism ...

COVID-19 relief for SMSFs may require specialist input

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... highlight the need for SMSF specialist advice, says SMSF Association chief executive. SMSF Association chief executive John Maroney has commented on the need for SMSF specialist advice in the wake of extended COVID-19 relief measures implemented by the ...

SMSFs welcome RIC exemption

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... response to the release of the Retirement Income Covenant exposure draft legislation, SMSF Association chief executive John Maroney said SMSFs raised concerns in the past about providing a retirement income strategy and the implications it will have ...

Auditor referral threshold test troubling: SMSFA

ANNABELLE DICKSON  |  MONDAY, 13 SEP 2021
... regulator or a court were to apply the threshold at a different point in time," SMSF Association chief executive John Maroney said. "An auditor may, in good faith, undertake an assessment of their likely fee income and sources for the year at the start ...

Hume advocates for affordable advice

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... their income in retirement." After consulting members and in response to CP332, SMSF Association chief executive John Maroney said: "[We] found that the advice process is lengthy, costly and prioritises compliance and the needs of AFSLs over consumers." ...

SMSFs are cost-effective, deliver for members

KARREN VERGARA  |  MONDAY, 23 NOV 2020
... the argument that SMSFs are not competitive on costs compared to APRA-regulated super funds, SMSFA chief executive John Maroney said. The reduction in fees in SMSFs and retail funds while the increase in fees for industry funds since the inaugural 2013 ...

SMSF member increase bill reintroduced

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
... SMSF Association welcomed the changes to the maximum number of allowable members. SMSF Association chief executive John Maroney said: "Although the number of funds that take advantage of this policy change may be small, the increased maximum has our ...

SMSFA, FSC call for infrastructure investment access

ANNABELLE DICKSON  |  TUESDAY, 28 JUL 2020
... policy to the National COVID-19 Commission Advisory Board and National 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 ...

ATO data heaps pressure on ASIC's SMSF fact sheet

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
... figures that ASIC included in the fact sheet because they were unbalanced and inappropriate," SMSFA chief executive John Maroney said at the time. "The average expense figure represented a questionable use of ATO statistics, as a more appropriate figure ...