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Showing 341 - 350 of 1382 results for "SMSFs"

ASIC chases licensee over conflicted remuneration

HARRISON WORLEY  |  THURSDAY, 13 JUN 2019
... Beginning civil penalty proceedings in the Federal Court yesterday, ASIC alleged The SMSF Club advised clients to set up SMSFs and then use the SMSF to purchase property marketed by Positive RealEstate, a firm The SMSF Club held a referral agreement ...

DomaCom launches senior equity release product

ELIZABETH MCARTHUR  |  THURSDAY, 13 JUN 2019
... testing. The senior equity release will mean advisers can connect aged clients with wealth accumulation clients such as SMSFs - who may have a similar time horizon in terms of their respective needs. Seniors can apply to sell a fraction of their home ...

Wills and BDBN raise adviser interest

KARREN VERGARA  |  FRIDAY, 7 JUN 2019
... and set aside the exercise of their discretion. It's important to go back to the deed, Chu said, adding almost 70% of SMSFs comprise husband and wives as members. KJB Law solicitor Kerstin Glomb, who also spoke at the event, highlighted the advantages ...

PYSP puts SMSFs at risk

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
As July 1 approaches, some self-managed superannuation fund members are scrambling to ensure life insurance policies held through an APRA-regulated fund aren't suddenly cancelled. With the Government's Protecting Your Super Package about to kick in ...

Former Gold Coast adviser banned

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
... Austplan shows he received referrals from GM Homes Australia to help their clients purchase investment properties through SMSFs he would help establish. In doing so, Renneberg failed to provide appropriate financial advice or act in the best interests ...

Industry funds temper inflows post-Royal Commission

KARREN VERGARA  |  TUESDAY, 28 MAY 2019
... show retail super funds ($623.4bn) grew by 5.8% over the quarter, while industry funds' assets ($677.5bn) rose by 7.6%. SMSFs ($746.6bn) continue to hold the largest pool of assets, growing 4.2% quarter on quarter. Public sector funds ($475.8bn) ...

Super funds to dominate ASX: Research

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... significantly faster than the ASX's market capitalisation. This is split across not-for-profit funds (35%), followed by SMSFs (24%) and retail funds (41%). Over the past decade, super funds' rate of ownership has increased by 9.4% p.a. Rainmaker ...

ATO guides SMSFs on PYSP changes

HARRISON WORLEY  |  THURSDAY, 16 MAY 2019
... Package - designed to protect the erosion of superannuation 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 ...

SMSF wind-ups spike: ATO

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
... significantly to 20,430. At the same time, establishments have also been decreasing over time. In 2014 there was 33,358 SMSFs established, a number that gradually declined over the years to 2017 which saw 30,517 establishments. Again, establishments ...

SMSF gender gap reduces over time

HARRISON WORLEY  |  TUESDAY, 7 MAY 2019
Latest research from Class shows the superannuation gap between men and women reduces over time in SMSFs yet remains significant. According to the self-managed super administrator, men have a 42% higher average balance than women when SMSFs are established. ...