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Showing 11 - 20 of 264 results for "SMSF sector"

Fortitude Investment Partners acquires majority stake in SMSF audit firm

MATTHEW WAI  |  WEDNESDAY, 2 APR 2025
... its small cap and private market focus on finance and technology. Fortitude said it sees "significant growth" in the SMSF sector, which is traditionally challenging for many retail investors due to cost, complexity and accessibility barriers. The takeover ...

SMSF Association names annual award winners

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
... SMSF. "This award recognises a member who has made an outstanding contribution to the growth and sustainability of the SMSF sector, and no one better symbolises this description than Leigh who has been a major contributor via her exceptional education ...

SMSF sector continues to grow

ELIZA BAVIN  |  FRIDAY, 21 FEB 2025
Self-managed super funds (SMSFs) traded more over the past year and the value of their holdings increased by 8.8%, according to the AUSIEX SMSF Under Advice report. The number of newly established SMSF trading accounts on the AUSIEX platform - across ...

SMSFs outperform APRA funds over five years: Research

MATTHEW WAI  |  WEDNESDAY, 12 FEB 2025
... with large SMSFs generating a 7% median ROR compared with just 0.4% median ROR for smaller SMSFs. However, the entire SMSF sector is performing greater over a longer term in aggregate. "APRA funds outperformed the SMSF sector in 2022-23 continuing the ...

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... and parliament moving to close this legal loophole and protect victims of family violence and financial abuse." The SMSF sector, meanwhile, appears to be a hotbed for financial abuse due to lower levels of oversight. One submission to the inquiry pointed ...

Total super assets hit $4tn milestone

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... over the year to September 2024," APRA said. Part of the overall increase in superannuation assets was due to the SMSF sector surpassing the $1 trillion mark. Fresh data from the Australian Taxation Office found total assets held in SMSFs hit $1.02 trillion. ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... that can determine such at an individual level is lazy policy at best." Ali said the legislation would punish the SMSF sector disproportionately and said he was pleased the Senate had pushed back against the policy. "Unless the government agrees to amendments ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... no indexation will also have a devastating impact on the venture and start-up sectors that rely so heavily on the SMSF sector for funding," he added. "At a time when we need to lift economic growth, these sectors are a critical driver of productivity ...

ASIC crackdown: Action taken against 13 SMSF auditors

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2024
... that ASIC announced it acted against in March 2024. "SMSF auditors are key gatekeepers responsible for the growing SMSF sector, providing assurance for 625,609 SMSFs with total estimated assets of over $990 billion," ASIC said. "SMSF auditors are crucial ...

ASIC vigilant on bad SMSF advice

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... management Leah Sciacca warned financial advisers that they have a critical role to play in stemming misconduct in the SMSF sector more than ever. This comes to light at a time when the ATO and ASIC remain vigilant against the illegal early access of ...