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|... experts discussed the role of self-managed superannuation funds in Australia's super system. SMSFA chief executive John Maroney acknowledged the difficulties faced by the sector in the year approaching, specifically highlighting matters such as the upcoming ...|
|... withdrawal restrictions, and lack of flexibility and impact of spousal contribution measures," SMSFA chief executive John Maroney said. "In our opinion, a rollover measure would be far more effective." The association is also calling for an increase ...|
|... sustainability of the self-managed super sector (SMSF) has been welcomed by the Association. SMSF Association chief executive John Maroney said the recommendation to introduce specialist training requirements for people providing advice to set up an ...|
|... FASEA should adopt the position to ensure consistency, clarity and simplicity. SMSF Association chief executive John Maroney said he understands the current proposal is for licensees to approve 70% of a financial adviser's CPD each year. "From the association's ...|
|... professional designation, which is an area that we will be carefully looking at." SMSF Association chief executive John Maroney said the blueprint shows "work remains to be done" to ensure a just recognition of existing advisers' prior learning and education. ...|
|... turn the world of many self-funded retirees upside down, the association said. SMSF Association chief executive John Maroney said regulatory instability will always be difficult to navigate but specialist SMSF advice can help. "There really should be ...|
|... were concerned Labor's crackdown would severely affect retirees. According to SMSF Association chief executive John Maroney, the SMSFA is still "resolutely opposed" to the proposal, and will use inquiry to make a detailed submission to the inquiry ...|
|... self-managed super funds, stating the change may "undermine" the integrity of the sector. SMSFA chief executive John Maroney said the shift to three-year audits would not result in significant costs savings for trustees and may pose "potential integrity ...|
|... Association Technical Day. Speaking to the crowded room of SMSF professionals, SMSF Association chief executive John Maroney highlighted the "wave of reforms" facing the SMSF industry, including FASEA. "I'm reminded of the ancient Greek saying, 'change ...|
|... the report ASIC indicate they support introducing this requirement for advisers," SMSF Association chief executive John Maroney said. Financial Planning Association of Australia chief executive Dante De Gori said there is no doubt that SMSF advice will ...|
Victoria Funds Management Corporation has promoted a senior portfolio manager to head of equities, and hired from outside the company to fill the vacant role
COVID-19 has seen more than half a million Australians lose their jobs and countless businesses shuttered but for SMSF trustee landlords offering rent relief to those facing financial hardship could mean they fail to meet the sole purpose test.
Liberal MP Tim Wilson has written to APRA chair Wayne Byres urging the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest.
A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19.
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