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Showing 361 - 370 of 2593 results for "SMS"

SMSF assets climb to $892bn

ANDREW MCKEAN  |  FRIDAY, 17 JUN 2022
New quarterly ATO statistics estimate that the total assets of SMSFs are $892 billion, up 11% year on year. More broadly, the total assets of SMSFs have grown by $2.4 billion over a five-year period to the March 2022 quarter. Despite significant asset ...

Younger generations lead the SMSF surge: Vanguard

ANDREW MCKEAN  |  THURSDAY, 16 JUN 2022
A Vanguard SMSF investor report has found that the newest cohort of trustees are younger, confident and more engaged with their superannuation. The report stated on an average basis, newly established SMSFs have continued to be set up by younger investors ...

Four join Payton Capital team

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
Payton Capital has announced the appointments of two investment directors and two non-executive directors. Joining the Payton Capital team is Jake Ireland, Daphne Chang, Meredith Scott and Claire Rogers. ​Ireland has been appointed investment director ...

Stephen Jones confirmed as financial services minister

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
Stephen Jones has today been sworn in as assistant treasurer and minister for financial services, replacing Jane Hume who had overseen the financial services portfolio since 2019. Jones has served as shadow financial services minister since 2019 and ...

BT answers advisers' top tax time questions

ANDREW MCKEAN  |  WEDNESDAY, 1 JUN 2022
BT has released its hottest end of financial year tips for advisers; in the mix this year are changes to downsizer contributions, the super guarantee and minimum pension drawdowns. BT Technical Services fields over 2000 queries from financial advisers ...

BGL appoints head of ecosystem

CASSANDRA BALDINI  |  TUESDAY, 31 MAY 2022
BGL Corporate Solutions, has announced the appointment of Brad Wilkinson as head of ecosystem. The head of ecosystem's role is to define and deliver on strategy and roadmaps for BGL's ecosystem, practice management integrations, digital signing ...

Managed account market reaches $175bn

CHLOE WALKER  |  FRIDAY, 27 MAY 2022
Funds under administration (FUA) in managed accounts platforms increased by almost 50% per annum in the last three years alone, according to Rainmaker Information. Analysing figures previously published by the Institute of Managed Account Professionals ...

Class Trust adds lodgment functionality

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
The SMSF software provider is set to release an Electronic Trust Lodgment functionality as part of Class Trust, removing the need for manual lodging of tax returns. Class said the addition of the functionality will reduce manual processes and the time ...

SMSF establishments on the rise

ELIZABETH MCARTHUR  |  TUESDAY, 26 APR 2022
New research shows that the pandemic and inflation concerns have not blunted the enthusiasm of Australians for setting up self-managed super funds. The research from AUSIEX found that women and younger generations are driving new account openings, with ...

SMSFA collaborates with APRA on rollover improvements

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
The SMSF sector has been plagued with delays when rolling over funds from APRA regulated funds to SMSFs, so the industry body is working with the regulator with the hope of improving processes. SMSF Association deputy chief executive and director of ...