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Showing 381 - 390 of 1390 results for "SMSFS"

SMSF investments reach far and wide

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... such as marina berths and indigenous artworks. Latest research from SuperConcepts reveals the big ticket items held within SMSFs. Gold and silver perform well, with some funds shelling out almost a quarter of a million dollars for the precious metals. ...

DomaCom partners with big four bank

HARRISON WORLEY  |  FRIDAY, 1 FEB 2019
... announced it had raised about $3 million as it looked to convert its win in a Federal Court case which determined whether or not SMSFs could invest in its fund, even in the case where a related party was a tenant in the underlying property.

Quirky SMSF investments unveiled

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
... owners LaGreca said, but the 5% cap rule applies on the value of the fund investments that are leased to the business. Some SMSFs that invested in ATMs with the aim of receiving regular income via flat monthly fees and fractional transaction fees have ...

LICs defy franking credit refund changes

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... years, and any change that passes only create an uneven playing field and disincentivise Australians to build to their own SMSFs. He believes the proposal will likely significantly impact investors in the LICs who are low-income earnings and retirees ...

NSW adviser banned for 25 years

KANIKA SOOD  |  TUESDAY, 22 JAN 2019
... and wound up two companies related to him following an ASIC investigation. Starting in 2008, Graeme Walter Miller advised SMSFs and other clients of CFS Private Wealth to transfer more than $4.7 million to a related company for investments from where ...

SMSF returns not accurate in Productivity Commission report

KANIKA SOOD  |  MONDAY, 21 JAN 2019
The Productivity Commission's final report quoted SMSF costs at "close to double" of the actual cost of running SMSFs $500,000 or less in net assets, Class said. In July last year, Class made a submission to the PC saying APRA and ATO used different ...

Superannuation reforms splits opinion: Spot poll

KARREN VERGARA  |  MONDAY, 14 JAN 2019
... recognising the importance of advice providers who are appropriately educated," he said. The Commission revised the amount when SMSFs were deemed to be cost effective compared with large funds from $1 million to $500,000. "This is a far more realistic ...

Minimum SMSF balance misleading: SuperConcepts

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
The Productivity Commission's proposed minimum balance for self-managed superannuation funds (SMSFs) is "way off", according to SuperConcepts. Despite it being half the balance the commission recommended in its interim report, SuperConcepts believes ...

Specialist SMSF advisers need only apply

JAMIE WILLIAMSON  |  THURSDAY, 10 JAN 2019
... advice. The Productivity Commission is again calling for specialist training for those financial advisers wishing to advise on SMSFs with the report suggesting the requirement form an extension of the new standards in place under the Financial Adviser ...

FASEA reforms see ASIC register swell

JAMIE WILLIAMSON  |  TUESDAY, 8 JAN 2019
... the register, 28,333 are active financial advisers. A further 1329 are limited to providing financial product advice on SMSFs or a person's existing hold in a superannuation product. It is likely many of the 3379 new registrations were completed ...