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Showing 371 - 380 of 1390 results for "SMSFS"

Sole purpose test divides industry

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... as the large industry funds. "I think we just want to get some clarity and a level playing field across these things and SMSFs were subject to a number of criticisms with the access to the discount card." What Urquhart refers to is a previous offer whereby ...

Advice firm hires chair

KANIKA SOOD  |  THURSDAY, 28 FEB 2019
A Melbourne-based advice, wealth management and accounting firm has appointed a new chair as its incumbent retires. Tim Carroll will start as Prime Financial Group's non-executive, independent chair on March 1, after serving on the board for three years. ...

Infrastructure fund plans SMSF raise

KANIKA SOOD  |  MONDAY, 25 FEB 2019
A fund that gives SMSFs and HNWs exposure to unlisted infrastructure assets like airports and toll roads is planning to raise $50 million in March. Former Telstra Super head of alternatives Nicole Connolly's Infrastructure Partners Investment Fund ...

No one-size-fits-all approach to franking changes

HARRISON WORLEY  |  FRIDAY, 22 FEB 2019
Investment experts are split on how SMSFs should invest if Labor's proposed franking credit refund policy is enacted. On day two of the Self-managed Super Fund Association's national conference in Melbourne this week, a panel of experts representing ...

Super needs a clear objective: Cooper

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... I've been in the super industry where you've had the major different parts of the sectors - industry funds, retail funds, SMSFs - all together in a room and all agreeing that we need to proceed with implementing an objective of super. "But it fell down ...

SMSFA turns up the heat on franking debate

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... time for the SMSF sector, Morrison said. Equating the policy to theft, he said: "We have a fight on our hands to protect SMSFs and your prosperity. Labor's $45 billion retiree tax will hit hard-working Australian retirees who have done the right ...

Opportunities outweigh threats when it comes to SMSFs

HARRISON WORLEY  |  WEDNESDAY, 20 FEB 2019
Threats to the SMSF sector certainly exist, but they are outweighed by opportunities, according to the Self-Managed Super Fund Association. Opening the SMSF advocacy body's national conference in Melbourne this morning, a panel of industry experts discussed ...

Accountant banned for bad SMSF advice

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
... her own interests ahead of her clients. The Saber Superannuation accountant was found to have advised clients to establish SMSFs without considering their personal circumstances during her time as a representative of former AMP subsidiary, SMSF Advice. ...

Adviser asked to cover regulator costs

KANIKA SOOD  |  MONDAY, 18 FEB 2019
... contravened section 911A of the Corporations Act 2001 (Corporations Act) by providing financial advice to clients to set up SMSFs to facilitate the purchase of investment properties in Australia without holding an AFSL," ASIC said. "Mr Gardner, as the ...

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
... backwards, but it's losing the growth war to not-for-profit funds so badly that it may as well be. And before it thinks SMSFs are its escape route, that sector is fast losing its premier mantle too. As for retail superannuation's regular business ...