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Showing 21 - 30 of 264 results for "SMSF sector"

SMSFA reappoints Hay-Bartlem as chair

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... workgroup. Hay-Bartlem said he is "honoured to be asked to remain in the role, especially at a challenging time for the SMSF sector." "We are still negotiating with all interested parties over the government's proposed new tax on SMSF balances exceeding ...

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
Investment returns for APRA-regulated superannuation funds lagged self-managed super funds (SMSFs) by 4.1% in the 2021-22 financial year, according to the University of Adelaide. During this period, while the S&P/ASX 200 index declined by more than ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... sector and what might be in our future," Heffron said. Joining Heffron on the panel, Holding up the mirror - what the SMSF sector does well and where it needs to level up, are SMSF Association chief executive Peter Burgess, Class chief executive Tim ...

SMSF scammers charged with criminal offences

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... $900 billion. "In this privileged position, they play a key role in upholding the integrity and confidence of the SMSF sector. ASIC will continue to take action where conduct falls short," she said.

SMSFA prepares delegates for major super tax reform

KARREN VERGARA  |  MONDAY, 5 FEB 2024
... for high-net-worth clients." Day one kicks off with a thought leadership breakfast: Holding up the mirror - what the SMSF sector does well and where it needs to level up. SMSFA chief executive Peter Burgess will be joined by Heffron Consulting managing ...

Caddick SMSF clients should recoup all funds: Lawyer

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... their super through their SMSF was regrettable," he said. ASIC and the Australian Taxation Office jointly regulate the SMSF sector; the ATO has the role of auditing SMSF auditors. Financial adviser misconduct in the SMSF space is rife. One example is ...

SMSF Association blasts 'highly questionable' ASFA research

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
... analysis due to the way the tax return data is collated and reported. "It's not just farms - it applies across the SMSF sector. Individual tax returns are an unreliable data source from which to draw inferences on the asset holdings or liquidity ...

ASIC cracks down on 11 SMSF auditors

ANDREW MCKEAN  |  WEDNESDAY, 11 OCT 2023
... were flagged and referred to ASIC by the ATO. "SMSF auditors have a critical role in upholding the integrity of the SMSF sector through annual audits," said ASIC deputy chair Sarah Court. Court highlighted that auditors are responsible for overseeing ...

Super tax change to impact SMSF members: Research

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
... over 722,000 SMSF members, provides the first real glimpse of the potential impact of the proposed tax change on the SMSF sector. Commenting on the release of the research study, University of Adelaide Professor Ralf Zurbruegg said the liquidity stress ...

Young Aussies flock to SMSFs

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... 65 have their entire balance in accumulation. "While this in part reflects the higher levels of engagement in the SMSF sector and likely the value of having access to financial advice, it also highlights that the superannuation sector collectively needs ...