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Showing 11 - 20 of 390 results for %22Self-Managed Super Fund Association%22

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... issued at least 180 bonds; and within the fund, at least 14 issuers that collectively issued at least 27 bonds. Vanguard self-identified and self-reported the breach to ASIC in early 2021 after identifying that while the fund was managed in alignment ...

ASIC continues to reprimand SMSF auditors

CHLOE WALKER  |  MONDAY, 24 JUL 2023
ASIC has cracked down on eight self-managed superannuation fund (SMSF) auditors for breaches of their obligations. Specifically, the regulator has disqualified five SMSF auditors and imposed additional conditions on three SMSF auditors for failing to ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... 2018-19, was not what was expected following consultation. Financial advisers will need to carefully consider the impact on any self-managed super fund clients who are affected," she said. "On both NALI and the pre-announced super changes, we look forward ...

SMSFs weather market storms: Report

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... APRA-regulated fund sector during the 2020 market contraction but underperformed in the ensuing bull market. The report, entitled Self-Managed super fund performance 2020/21, used data from Class, BGL Corporate Solutions and SuperConcepts on more than ...

Government eyes crackdown on super tax concessions

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
... discussion, when I see the size of some funds, I'm not surprised," he said. Illustrating his point, Jones said Australia has 32 self-managed super funds (SMSF) with more than $100 million in assets; the largest holds over $400 million in assets. ...

A sensible roadmap: Industry responds to QAR paper

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... associations, including the Association of Financial Advisers, the Financial Planning Association of Australia, CPA Australia, Self-Managed Super Fund Association and Institute of Public Accountants. However, CHOICE chief executive Alan Kirkland said ...

New research backs diversified SMSF portfolios

CHLOE WALKER  |  THURSDAY, 21 APR 2022
New research conducted by the SMSF Association and the University of Adelaide confirms self-managed super funds (SMSFs) that have diversified investment portfolios outperform those that do not. The research, based on financial statement data from over ...

Plans to remedy NALI, NALE issues welcomed

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAR 2022
... and the implications of this ruling for both APRA-regulated funds and SMSFs." Non-arm's length expenses (NALE) occur when a self-managed super fund's expenses are less than the amount they would have been if parties were operating on an arm's length ...

Industry funds buoyed by unlisted assets

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
... fund in 1996 would be $36,954 better off on average at the end of June 2021 compared to being a member of a retail fund or a self-managed super fund. ISA attributed the 63% of the outperformance to industry funds' appetite for unlisted physical assets ...

ASIC stands against suspicious SMSF auditing

CHLOE WALKER  |  MONDAY, 7 MAR 2022
To help protect the integrity of self-managed superannuation fund (SMSFs) audits, ASIC has accepted voluntary cancellations or imposed conditions on the registration of several SMSF auditors. These auditors were involved in reciprocal audit arrangements ...