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Showing 11 - 20 of 75 results for "self-managed superannuation"

ASIC court order against Sydney adviser

LAURA MILLAN  |  WEDNESDAY, 13 FEB 2013
... first, but changed to "Deed of Loan" later. In some cases, clients were advised to use money from their Self Managed Superannuation Funds. ASIC said that Nakhl, from Illawong, New South Wales, may not have used investors' money only for the purposes ...

CBUS to review products to tempt SMSFs

BEN COLLINS  |  WEDNESDAY, 30 JAN 2013
... superannuation fund CBUS will review its product offering over the next 12 months in order to attract people in self managed superannuation funds. Last week fellow industry super fund HOSTPLUS said self managed super fund trustees could be able to invest ...

Matthews Steer creates new wealth management arm

MARK SMITH  |  THURSDAY, 13 DEC 2012
... Shorten. Steer said the wealth management division was partly inspired by the continued growth in self managed superannuation funds (SMSFs). "We are seeing more demand for the SMSF structure and the private wealth division will provide a truly holistic ...

SPAA welcomes Gov's tick of approval

BEN COLLINS  |  WEDNESDAY, 12 DEC 2012
A representative body for self managed superannuation fund professionals has welcomed a federal government decision to recognise its fund auditing qualification as a win for professionalism. The program offered by the SMSF Professionals' of Australia ...

Discretion strictly case-by-case in new SMSF audit scheme

BEN COLLINS  |  MONDAY, 24 SEP 2012
... conditions will become mandatory for accountants wishing to conduct audits for Australia's $439 billion self managed superannuation sector. While the corporate regulator has the ability to waive certain conditions, it is not a loophole that potential ...

Call for change follows Perpetual 57% profit fall

BEN COLLINS  |  THURSDAY, 30 AUG 2012
... could be incorporated into Fujitsu's operations. Perpetual Investments pulled out of the smartsuper self managed superannuation fund administration business, closed its Dublin-based share funds manufacturing capability, and appointed Wellington Management ...

My Adviser offers accountants licensing package

LINDA HAUSKEN  |  WEDNESDAY, 11 JUL 2012
... changes to the accountant exemption in the FOFA reforms. Currently, accountants can provide advice on self managed superannuation funds (SMSFs) without having to hold an Australian Financial Services Licence (AFSL), but the proposed removal of the exemption ...

Macquarie AS updates term deposit offering

BEN COLLINS  |  MONDAY, 9 JUL 2012
... updated its term deposit offering for advisers as the investment option grows in popularity among self managed superannuation funds. The update adds online maturities and data feed improvements that aim to streamline the administration required in managing ...

ASIC winds up unregistered managed investment scheme

BEN COLLINS  |  FRIDAY, 15 JUN 2012
... During its investigation into unregistered offshore fund operators targeting Australian investors and self managed superannuation funds, in 2007 and 2008 ASIC secured the return to Australia of more than $20 million located in overseas trading accounts ...

APRA: Third line of defence in Trio-style fraud

BEN COLLINS  |  FRIDAY, 1 JUN 2012
... said that the impact of the Trio fraud on individuals has been made greater by the failure of some self managed superannuation funds to have appropriate risk diversification. "As a first line of defence, the organisation's management has ownership, responsibility ...