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Showing 21 - 30 of 50 results for "ATO data"

SMSF wind-ups spike: ATO

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
... superannuation fund (SMSF) wind-ups shot up in the last 12-24 months, according to Australian Tax Office data. Latest ATO data reveals in 2014 the number of SMSF wind-ups was 12,654 and hovered around that point, reaching 13,470 in 2017. However, in ...

Superannuation Guarantee continues to fail employees: Report

KARREN VERGARA  |  THURSDAY, 11 APR 2019
... that blue-collar workers are the occupational group most likely not to receive their superannuation entitlements. Using ATO data from 2015/16, Mercer's Unsupered report reveals of the 397,900 salaried employees who are not paid superannuation they ...

Slow but steady: SMSF growth continues

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... not-for-profit funds by inflows from SMSFs were AustSuper, UniSuper, HostPlus, QSuper and Cbus. For context, Rainmaker analysis of ATO data shows SMSF establishments have halved over the last six years, to around 6000 per quarter. In 2012, quarterly ...

Pay super fortnightly: ISA

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
... superannuation contributions are paid each quarter, instead of alongside their wage payments. Releasing analysis based on ATO data this week, ISA said about 5.8 million Australian workers aged between 20 and 69 lost $225 million because their super contributions ...

Minimum SMSF balance misleading: SuperConcepts

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... regards to SMSFs would see advisers be required to provide a 'red flags' document to clients looking to establish an SMSF. ATO data from 2016-17 shows a vast majority of SMSFs have two members with average assets of $652,465, meaning the total assets ...

Unpaid super penalties too light: ISA

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
... penalty." ISA values unpaid super at about $6 billion per year and affecting one in three employees. Its analysis of ATO data suggests the scourge of unpaid super is deteriorating with 2.98 million Australians being short-changed $5.9 billion in super ...

SMSFs outperforming MySuper: Research

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... years however, MySuper had a significant edge at 8.4% compared to the SMSF sector's return of 7.3% per annum. Based on ATO data, three-quarters of SMSFs have assets of less than $1 million. Such funds have a higher weighting to cash and lower allocation ...

Aussie super asset allocation "riskier": Research

HARRISON WORLEY  |  MONDAY, 27 AUG 2018
... allocation often adopted by those with self-managed super funds. According to the latest Rainmaker Advantage report, ATO data for SMSF asset profiles found large SMSFs have growth asset weights which average 64%. However for smaller SMSFs, these drop ...

SMSFs too conservative: Poll

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... investment outcomes being achieved by the SMSF sector is its conservative asset allocation, Rainmaker said. Its analysis of ATO data found that while large SMSFs have growth asset weights that average 64% this reduces to 32% for small SMSFs. Moreover ...

Are SMSF investors too conservative?

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... allocation rather than whether a member is in accumulation or pension phase. The latest Rainmaker Advantage report said ATO data for SMSF asset profiles found large SMSFs have growth asset weights (GAW) which average 64%. These reduce to 32% for smaller ...