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Showing 11 - 20 of 307 results for "SMSF trustees"

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... it indicates that SMSFs receiving financial advice tend to perform better. "It's always been our mantra that SMSF trustees should get professional advice," Burgess said.

Spatium Capital selects trustee, administrator for small caps fund

CASSANDRA BALDINI  |  TUESDAY, 28 NOV 2023
... Fund (SSCF) from early 2024. Spatium Capital said the announcement follows requests from financial advisers and SMSF trustees who want easier, cleaner digital access via applications and signature protocols. True Oak has operated for 40 years and was ...

SMSFs continue to fly solo

KARREN VERGARA  |  WEDNESDAY, 7 JUN 2023
... are going to be really, really important and perhaps a good way for advisers to establish that conversation with SMSF trustees," said Investment Trends head of research Irene Guiamatsia. Advisers are well placed in playing the role of a financial coach ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... use of a factor-based approach "is neither a practical nor desirable solution for the sector." "It will require SMSF trustees to determine if a general expense has been undercharged and by how much," Burgess explained. "This may sound like a simple task ...

Remediation bills revealed amid call for levy freeze extension

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2022
... $24.7 million. On the above data, ASIC noted that the term 'customers' broadly refers to individuals, couples and SMSF trustees. It also said some customers may have been double counted as they may have been involved in more than one remediation program. ...

SMSF assets climb to $892bn

ANDREW MCKEAN  |  FRIDAY, 17 JUN 2022
... proportion of SMSF members being in the pension phase. The survey report said: "The current environment has left SMSF trustees with very few options in terms of investment choices for immediate liquidity." "Due to current interest rate settings, short-term ...

Plans to remedy NALI, NALE issues welcomed

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAR 2022
... fund. Burgess said: "It is unclear what a 'reasonable attempt' means and how this should be applied in practice by SMSF trustees and SMSF approved auditors, so we believe a legislative fix is needed and we are pleased the government is now considering ...

Financial watchdog warns on crypto

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... switch from retail and industry superannuation funds to SMSFs so that they can "invest in a high return portfolio". SMSF trustees are also being targeted to invest in crypto assets. Australians who decide to self-manage their super, ASIC said, should ...

Advisers query super changes

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... savings back to where they were." Further to this, advisers wanted to know details of COVID-19 relief for SMSFs. SMSF trustees and related parties who have been unable to return to Australia due to travel restrictions will not see their fund's residency ...

SMSFs welcome RIC exemption

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... have for the sector. It meant additional cost, red tape, and unintended consequences arising from a requirement for SMSF trustees to formulate a retirement, he said. APRA-regulated funds must provide a strategy that considers several risks: longevity ...