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Showing 11 - 20 of 81 results for "new SMSF"

NowInfinity bolsters estate planning capabilities

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
... as the industry benchmark for SMSF documentation. Further, the deed will act as the cornerstone for NowInfinity's new SMSF deed update and compliance solution, due to be released next year. NowInfinity general manager Tracy Williams said the new ...

Director charged over illegal investment scheme

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
A former financial adviser is facing several charges of dishonest conduct and dealing in proceeds of crime after he convinced clients to open SMSFs to invest in businesses he owned, all while operating unlicensed. Ashley Vincent Arandez fronted the ...

SuperConcepts integrates with Smarter SMSF platform

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
... upgrades, pensions, and investment strategies," Dunn said. "The functionality enables users to automatically set up a new SMSF into SuperMate, which also incorporates our new ABN/TFN integration." But there's more on the horizon that will leverage the ...

Females, millennials lead the way in SMSFs: Class

CHLOE WALKER  |  WEDNESDAY, 17 AUG 2022
According to Class's 2022 Annual Benchmark Report, female SMSF balances are rising faster than males and most new SMSFs are being established by millennials. Over the past three years, millennials have become the largest cohort of all the age groups ...

HUB24 names new Class chief executive

JAMIE WILLIAMSON  |  MONDAY, 11 JUL 2022
... market-leading SMSF documents and corporate compliance solutions," Alcock said. Steele joins as HUB24 prepares to launch a new SMSF product leveraging the expertise of all three HUB24, NowInfinity and Class teams. HUB24 said the product "is designed ...

SMSF establishments on the rise

ELIZABETH MCARTHUR  |  TUESDAY, 26 APR 2022
... trading during the volatility of January 2022 - averaging 57% buys during the month. The research found a 9.3% increase in new SMSF accounts opened during July-September 2021 relative to the corresponding quarter in the previous financial year, driven ...

Millennials fastest growing SMSF cohort

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
Millennials (born 1981 to 1996) represent the fastest growing segment of new SMSF accounts. This is according to new data from AUSIEX, which found during the first quarter of this financial year there was a 9.3% increase in new SMSF accounts opened ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
The popularity of self-managed superannuation funds (SMSFs) is on the rise with increased establishments and fewer wind ups in the year to June end, data from the ATO shows. There are currently 597,900 SMSFs with 1.1 million members. Throughout the ...

ASIC issues warnings on investment scams

ANNABELLE DICKSON  |  FRIDAY, 14 MAY 2021
... SMSF scam where individuals have been cold called or emailed to transfer funds from their existing super fund into a new SMSF. In doing so, consumers are transferring their retirement savings into an unknown bank account held by the scammers. The SMSF ...

ATO warns of new SMSF scheme

ELIZA BAVIN  |  MONDAY, 15 MAR 2021
... requirements are. "We have recently identified a new scheme where SMSF trustees were informed that they can set up a new SMSF to roll-over the fund balance from the old SMSF and then liquidate their old SMSF in an attempt to avoid paying potential tax ...