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Showing 301 - 310 of 1833 results for "Managed Super"

Former adviser faces fraud charges

ALLY SELBY  |  MONDAY, 31 AUG 2020
A former financial adviser based on the Sunshine Coast has been charged with 10 counts of fraud, totaling nearly $1 million. Brett Andrew Gordon faced Maroochydore Magistrates Court over the fraud charges following an extensive ASIC investigation. Gordon ...

Unmet advice needs increases for SMSF trustees

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
Self-managed superannuation (SMSF) trustees are faced with unmet advice needs as costs and confidence in financial advisers stands in the way. The Vanguard Investment Trends Planner Report revealed a 6% increase in the number of SMSF trustees with unmet ...

ASIC cracks down on 42 SMSF auditors

ALLY SELBY  |  THURSDAY, 20 AUG 2020
The corporate watchdog has cancelled the registrations of 36 self-managed super fund auditors, while conditions have been imposed on a further six. It comes after ASIC found a number of SMSF auditors had not maintained an appropriate level of audit ...

ACCC flags dangers of ERS

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
... super scams the ACCC is seeing has shifted. In the past, most super scams were around getting people to start a self-managed super fund (SMSF). Once the scammer had convinced their victim to start an SMSF they could then trick them into "investing" the ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... have been since 2015, largely as a result of the FoFA reforms. The remaining 25% of super assets are held by self-managed super fund members who have it quite good, paying just 19% of fee revenue. Overall, in the two years to June end, members of Maritime ...

Bendigo and Adelaide Bank to face fresh class action

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
... finalised this week. EQ Legal director Sasha Ivantsoff told Financial Standard that 850 entities including self-managed super funds, trusts and individual investors had expressed interest in the class action. With only 600 enrolments needed for the action ...

Adviser jailed over $2m Ponzi scheme

JAMIE WILLIAMSON  |  TUESDAY, 4 AUG 2020
... director of, for the benefit of the client. Four counts related to funds invested with Miller through clients' self-managed super funds. Miller did not invest the funds with CFS but instead used them for his own benefit and to meet business expenses ...

Class bolsters tech team

ALLY SELBY  |  TUESDAY, 4 AUG 2020
The self-managed super fund administration and software provider has appointed two new technology leads, set to help Class continue to grow and innovate. Jarrod Yates and Glen MacLarty have been appointed as head of technology product and NextGen respectively ...

ASIC terminates illegal investment scheme

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
... 2017, the scheme encouraged clients of MCube Planners to withdraw their existing superannuation and establish self-managed super funds to invest, by way of a loan, in MyWealth Manager. The Federal Court found the scheme raised more than $7 million from ...

SMSFA, FSC call for infrastructure investment access

ANNABELLE DICKSON  |  TUESDAY, 28 JUL 2020
The SMSF Association and the Financial Services Council (FSC) are calling for self-managed super funds to have access to unitised, liquid infrastructure investments as a way of generating economic growth. The two organisations, which represent more ...