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Showing 401 - 410 of 1390 results for "SMSFS"

More SMSF auditors disqualified

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
... Australian Taxation Office (ATO) under section 128P of the SIS Act. From 1 July 2013, the SIS Act required all auditors of SMSFs to be registered with ASIC. This was to ensure that all SMSF auditors meet the base standards of competency and expertise. ...

Retirement planning gets a recession check

KANIKA SOOD  |  MONDAY, 29 OCT 2018
... FY19. "We think the rate of return on equities will go down to about 5% over the next three to five years," Hall says. "SMSFs particularly need to diversify, moving into markets that have predictable, transparent cash flows with capital growth over inflation ...

ASIC and Austplan agree to mutual breakup

DARREN SNYDER  |  FRIDAY, 26 OCT 2018
... their failure to act in the best interest of their clients in relation to establishing self-managed superannuation funds (SMSFs)." Austplan also received client referrals from GM Homes (Australia), a building and mortgage business, which is not licensed ...

SMSFs most affordable: Research

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
Self-managed super funds continue to have the lowest fees across all superannuation vehicles, charging an average total expense ratio of 0.82%, latest Rainmaker Research shows. The 2018 Rainmaker Fee Study, which analysed more than 2500 fee options ...

SMSFs: Who, what, where, when and how

JAMIE WILLIAMSON  |  MONDAY, 15 OCT 2018
Financial advisers have been provided with a simple checklist to employ when considering recommending a self-managed superannuation fund to clients. Australian Financial Complaints Authority lead ombudsman - superannuation, June Smith reinforced the ...

Elon Musk steps down as Tesla chair

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
... governance and oversight in order to protect investors". Tesla is the fourth most traded international stock by Australian SMSFs, tailing Amazon, Apple and Facebook, according to CommSec. Board shakeup a good move Saxo Capital Australia markets strategist ...

Elon Musk charged with securities fraud

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... on Musk's tweet, disrupting the market significantly. Tesla is the fourth most traded international stock by Australian SMSFs, tailing Amazon, Apple and Facebook, according to CommSec. SEC enforcement division co-director Steven Peikin said corporate ...

AMP ditches SMSF lending

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... interest-only or refinance their loans. This leaves Macquarie, Bendigo Bank and Bank of Queensland who continue to lend to SMSFs. Westpac stopped SMSF lending on July 31, CBA has set October 12 as the date, AMP will also stop mid-October. RateCity research ...

SMSFs seek offshore diversification

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
... arrangements has grown to 42.1% with the average property loan amount sitting at $262,000. The most commonly held investments by SMSFs as at June 2018 were Westpac; Commonwealth Bank; Magellan Global Fund; BHP Billiton; ANZ; NAB; Platinum International ...

Don't use multiple SMSFs to dodge tax: ATO

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
Self-managed super fund trustees are using multiple SMSFs to manipulate tax outcomes, Australian Taxation Office deputy commissioner superannuation James O'Halloran said in his speech to the National SMSF Conference in Melbourne. The ATO believes 13,600 ...