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Showing 11 - 20 of 34 results for "small APRA"

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 ...

Super FUM up 10pct to $2.3tn

ALEX DUNNIN  |  THURSDAY, 24 AUG 2017
... not-for-profit (NFP) funds climbed 12% to $983 billion; small funds that include self-managed super funds (SMSF) and small APRA funds climbed 9.7% to $699 billion; and retail funds climbed 7.4% to $643 billion. These relative growth rates mean NFP funds ...

Super reforms will drive advice demand

KARREN VERGARA  |  TUESDAY, 4 APR 2017
... item that did not pass into law, Breckon noted, was the proposed relief to retain actuarial certificates for SMSFs and Small APRA Funds (SAFs) using the proportionate method to calculate their Exempt Current Pension Income if the fund was only paying ...

New super data adds more disclosure

DARREN SNYDER  |  THURSDAY, 11 FEB 2016
... Australian Taxation Office (ATO). About $130 billion comprised exempt public sector superannuation schemes. SMSFs and small APRA funds accounted for 29.3% of total assets; retail funds held 26.5%, industry funds held 21.5%, public sector funds 17.3% ...

Super assets hit $1.6 trillion, investment returns at 4-year high

ALEX DUNNIN  |  THURSDAY, 22 AUG 2013
... funds with $323 billion, public sector funds with $257 billion and stand-alone corporate funds with only $62 billion. Small APRA funds, known as SAFs, comprised just $1.7 billion which was only marginally ahead of the $1.9 billion in Retirement Savings ...

IOOF appoints BDM to AET

JAMES FERNYHOUGH  |  FRIDAY, 12 JUL 2013
... Tisdell as its new business development manager for NSW. He will be responsible for the sale and distribution of AET's Small APRA Fund and SMSF solutions. In a career in financial services spanning two decades, Tisdell has worked at UBS, Godfrey Pembroke ...