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Showing 3701 - 3710 of 8611 results for "DIF"

ATO closely monitoring SMSF balance caps

KARREN VERGARA  |  MONDAY, 19 FEB 2018
The ATO is closely monitoring self-managed super funds (SMSF) that breach the transfer balance cap and has already issued several alerts to members close to breaching the cap. ATO deputy commissioner for superannuation James O'Halloran told the 2018 ...

Best interest duty failures lead to EU

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2018
The director of a financial services firm is excluded from the industry for five years after failing to comply with best interests obligations when consolidating clients' superannuation. ASIC has accepted an enforceable undertaking from David Orth ...

Copia appoints new CFO from Mutual Trust

ALEX BURKE  |  MONDAY, 19 FEB 2018
Copia Investment Partners has appointed a new chief financial officer. Michael Voskresensky joins Copia from Mutual Trust, where he spent 12 years. His most recent role there was general manager - finance, and during his tenure Voskresensky had oversight ...

Institutions suffer financial adviser drain

ALEX BURKE  |  MONDAY, 19 FEB 2018
About one in 10 financial advisers swapped their licensee in 2016-17 - and 56% of these either stayed in or migrated to non-institutional options, according to Rainmaker research. Another third of those 2100 advisers migrated to institutional licensees ...

Crypto hype drives new partnership

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2018
An SMSF administrator is teaming up with a cryptocurrency brokerage firm to help investors achieve greater portfolio diversification. A new partnership between Xpress Super and Bitcoin Trader will provide SMSF investors with access to five of the top ...

FASEA accelerates degree equivalency agenda

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2018
FASEA chief executive Deen Sanders told the SMSF Association's 2018 National Conference that as part of the new financial adviser education regime a proposed framework for degree equivalence will be released in coming weeks. "Having heard the anxiety ...

Reskilling: A worthy purpose for super?

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2018
A leading academic is calling for early access to superannuation for the purposes of education and retraining, especially as the risk of losing one's job to automation grows. Speaking at the opening session of the SMSF Association's 2018 National Conference ...

O'Dwyer proposes TRIS changes

KARREN VERGARA  |  TUESDAY, 13 FEB 2018
The Federal Government is pushing for reversionary transition to retirement income streams (TRIS) to be paid to an eligible dependent upon a death, regardless if a condition of release is met. Minister for Revenue and Financial Services Kelly O'Dwyer ...

AFA working to bust FASEA myths

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2018
The Association of Financial Advisers has moved to placate its membership under any belief that tertiary degrees completed more than 10 years ago will not be recognised by the Financial Adviser Standards and Ethics Authority. In a statement on its website ...

SuperConcepts enhances document management system

KARREN VERGARA  |  MONDAY, 12 FEB 2018
SuperConcepts launched a new document management functionality within its self-managed superannuation fund (SMSF) accounting platform, SuperMate. Users can scan or email documents which are then automatically read, categorised and filed via the new ...