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Showing 21 - 30 of 281 results for "Self Managed Super Fund"

AIST CEO asks for long term changes in super

LAURA MILLAN  |  WEDNESDAY, 3 APR 2013
Modifying superannuation six months before an election is not helpful, but super does need to change on the long term, according to the Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia. Garcia, who took over the role ...

Superannuation to wield $6tr muscle by 2030

LAURA MILLAN  |  TUESDAY, 26 MAR 2013
A group of superannuation and investment experts predict that by 2030, local super funds will dominate the global landscape while the self-managed super funds (SMSFs) sector will suffer a slowdown. The superannuation industry in 2030 will be bigger ...

SMSFs on track to reach $500bn

ALEX DUNNIN  |  THURSDAY, 21 MAR 2013
The self managed super fund segment is on track to break through $500 billion by June this year, according Deloitte Actuaries and Consultants. Pushing them through this threshold is the strong rebound in equity markets that holds an estimated one-quarter ...

SPAA raises alarm on draft SMSF rules

ALEX DUNNIN  |  WEDNESDAY, 20 MAR 2013
Draft legislation rules for self managed super funds on related party transactions has alarmed industry association SPAA, which claims the provisions are unnecessarily complex and will add compliance costs. The new provisions are contained in Schedule ...

Magellan wins $3bn milestone mandate

LAURA MILLAN  |  TUESDAY, 12 MAR 2013
Magellan Asset Management has secured a $3 billion mandate from UK investor St. James Place - just one of the fund manager's record wins in the past 12 months. The mandate has boosted Magellan's total FUM, which now stands at $10.4 billion, Frank Casarotti ...

New regime for accountants: Shorten

BEN COLLINS  |  THURSDAY, 28 FEB 2013
... the current exemption. Under the new rules accountants will be able to provide advice on establishing a self managed super fund (SMSFs), investment strategies for them, superannuation products more broadly, and basic deposit products, though not particular ...

SMSFs drive ASX growth

LAURA MILLAN  |  TUESDAY, 26 FEB 2013
Self Managed Super Funds (SMSF) are boosting the health of the local bourse, with $165 billion of their assets invested in Exchange products, making up 38 per cent of total exchange assets. Exchange Traded Products (ETP) is on top of the SMSF product ...

ASIC slaps biggest fine ever

BEN COLLINS  |  FRIDAY, 22 FEB 2013
Financial services watchdog ASIC has handed out a record fine of $500k to a man who ran a $30 million scam targeting SMSFs. David Hobbs of Nelson, New Zealand, who was described as the "mastermind" behind more than a dozen unregistered offshore managed ...

WHK appoints SMSF head

MARK SMITH  |  THURSDAY, 21 FEB 2013
Accounting and advisory firm WHK Group has appointed Susie Salmon as head of self managed super funds (SMSF). The appointment of a specialist senior SMSF professional by a major accountancy group highlights the additional resources financial services ...

Industrial property funds draw SMSFs

LAURA MILLAN  |  WEDNESDAY, 20 FEB 2013
As the cash rate drops to three per cent, Self Managed Super Funds (SMSFs) are turning their attention towards the industrial property market in search for low-risk funds with higher-than-cash returns. Charter Hall Direct Property head Richard Stacker ...