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Showing 11 - 20 of 39 results for "small APRA"

Super funds slam budget's super gap measures

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... providing a two-year amnesty for exiting legacy retirement products, relaxing residency requirements for SMSFs and small APRA-regulated super funds. However, it was quiet on in creasing Commonwealth rent assistanc e, and on requiring employers to pay ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... removing the active member test for both fund types. As such, the measure relaxes residency requirements for SMSFs and small APRA-regulated funds (SAFs) allowing members to make contributions while temporarily living overseas. "This will provide SMSF ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... advicetech Decimal later than month. Its ambitions continued into the next year, when Sargon announced it would launch a small APRA fund, a trustee tech solution, and a suite of fund administration services (which was due to launch early 2020). However ...

ATO guides SMSFs on PYSP changes

HARRISON WORLEY  |  THURSDAY, 16 MAY 2019
... savings from fees and unnecessary insurance would not require SMSFs to make additional reports to the ATO. SMSFs and small APRA funds are exempt from report and paying inactive low-balance accounts to the ATO as a new category of unclaimed super money ...

Sargon launches SMSF alternative

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2019
... the traditional self-managed superannuation fund, with Sargon partnering with an $11.5 billion platform to launch a small APRA fund. Sargon has partnered with HUB24 to provide advisers and their clients with access to the same benefits of a SMSF without ...

Labor reforms to increase welfare dependency

JAMIE WILLIAMSON  |  THURSDAY, 17 JAN 2019
... 1.2 million people will be impacted by the proposal, of which 437,000 are SMSF members. An additional 2000 people in small APRA-regulated funds will also suffer. Ralston said the proposal fails the public policy test in regards to adequacy, sustainability ...

Six associations form new alliance

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... everyday Australians who have worked hard, paid their taxes and carefully saved for retirement through their SMSF or small APRA fund. SMSF Association chief executive John Maroney welcomed the creation of the alliance and stressed the need for clear ...

SMSF members want overseas restrictions lifted

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
... non-deductible contributions." Maroney said the operation of these provisions impacts principally on SMSFs as well as small APRA funds as the breach of the active member test is, in effect, restricted to small funds. "It's virtually impossible for larger ...

Super needs greater oversight from APRA: Poll

KARREN VERGARA  |  MONDAY, 30 OCT 2017
... superannuation trustees responsible for 214 APRA-regulated super funds with more than four members, along with another 2071 small APRA funds with four or less members. APRA emphasised the importance of registrable superannuation entity (RSE) licensees ...

Advice industry compensation bill hits $37m

KARREN VERGARA  |  FRIDAY, 27 OCT 2017
... superannuation trustees responsible for 214 APRA-regulated super funds with more than four members, along with another 2071 small APRA funds with four or less members. MySuper, which was introduced in 2013, has led to a spike in consolidation as a number ...