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| | | ... compliance services at the highest quality level." SUPERCentral's main business is helping with legal documentation for SMSFs, via financial advisers. It also does estate planning and wealth management compliance documentation. Its legal team has ... |
| | | | ... Lowe said very low rates are nothing to aspire to, and yet here we are," Doyle said. "Australians, especially those with SMSFs, are turning to global markets on the hunt for yield and going into riskier markers to search for returns. This is a new trend ... |
| | | | ... and that it appeared to distort the conduct of accountants. ASIC said: "It appeared to lead accountants to recommending SMSFs because this was the only financial advice they could legally provide without an AFS license, even when an APRA-regulated superannuation ... |
| | | | ... demonstrates that promoters who encourage illegal early access to superannuation will be held accountable. "While the majority of SMSFs do the right thing, this case serves as a reminder that there are severe penalties for those who attempt to cheat ... |
| | | | ... shows typical 65-year-old SMSF couples should be confident of funding a lifestyle worth $82,400 a year, while singles in SMSFs are on track to achieve lifestyles worth $65,300, easily clearing ASFA's comfortable retirement standards. "However, our previous ... |
| | | | ... farm operated by other entities Jayaweera controlled. According to ASIC, Jayaweera also invested the funds of some clients' SMSFs into ADSIF without their knowledge. With the abalone farm wound up by receivers, Jayaweera's clients are set to receive ... |
| | | | ... self-managed-superannuation, unlike HostPlus which made the move in June. The $43 billion HostPlus opened up some of its options to SMSFs, with the goal of retaining members leaving the fund to set up an SMSF and to attract those winding down an SMSF. ... |
| | | | ... in the Downing Centre Local Court in Sydney. In January the Federal Court slammed Miller with a 25-year ban for advising SMSFs and other CFS Private Wealth clients to transfer more than $4.7 million in funds which were used in for his personal purposes ... |
| | | | ... less suitable for low-balance members. The corporate regulator is urging Australians to consider the potential downsides of SMSFs, and believes many people set up SMSFs which are inappropriate for their circumstances. According to ASIC, there are eight ... |
| | | | ... sections 920A(1) and 920B(2). Marshall holds a diploma of financial services (financial planning) and other qualifications in SMSFs, mortgage broking and finance. He is also a member of the Association of Financial Advisers, according to ASIC's Financial ... |
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