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Showing 401 - 410 of 1382 results for "SMSFs"

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 ...

Easton buys SMSF service provider

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
... practices as they do advice practices, as most accountants already have degrees," he said. "Accountants have been engaged with SMSFs in some form or the other for a long time, even if it was only to do their books," he said. "Increasingly they have wanted ...

Franking credits inquiry launched

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
... modest incomes who will be most affected, refuting Labor's argument that the proposal will only target the wealthiest 10% of SMSFs." "The most likely consequence if this proposal sees the light of day will be to substantially damage the lifestyles of ...

SMSFs outperforming MySuper: Research

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... 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 to equities than larger ...

SMSF cash allocation dips

KARREN VERGARA  |  WEDNESDAY, 12 SEP 2018
... short-term deposits dropped from 19.8% to 17.3% in the 12 months to June 2018, according to SuperConcepts' survey of 2600 SMSFs. Executive manager of SMSF technical and strategic services Phil LaGreca said this money was mainly invested in the Australian ...

The changing face of SMSFs

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
... attracted to investing in what they know such as Facebook and Apple. "This trend to add international shares is strong among SMSFs who often use a core portfolio of Exchange Traded Funds (ETFs) or managed funds for diversification, then add high conviction ...

SMSFA questions three-year audits

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... in significant costs savings for trustees and may pose "potential integrity risks." "We believe any cost reductions for SMSFs trustees would not be substantial and would not justify the increased complexity and potential integrity risks for individual ...

Super assets hit new record

STEPHEN FAY, DARREN SNYDER, KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... MySuper assets grew 13.6% to $675.6 billion over the period. Other APRA-regulated funds (that is, non-MySuper funds and non-SMSFs) grew at a sluggish pace of 6.5%. In terms of segments, industry funds posted double-digit growth at 15.6% to $575 billion. ...

Aussie super asset allocation "riskier": Research

HARRISON WORLEY  |  MONDAY, 27 AUG 2018
... 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 to 32%.