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Showing 421 - 430 of 1383 results for "SMSFs"

ASIC identifies potential risks in ETP market

KANIKA SOOD  |  FRIDAY, 3 AUG 2018
... identified three potential risks in the $40 billion market for exchange-traded products, following a review triggered by SMSFs and retail investors' growing investment in the vehicles. The three risks in the ETP markets were: temporary widening of bid/offer ...

SMSFs: Low balance, low satisfaction

JAMIE WILLIAMSON  |  TUESDAY, 31 JUL 2018
... balance of less than $250,000. Latest insights from Roy Morgan show that while satisfaction with the financial performance of SMSFs is down across the board at 82.7%, those with lower balances are the least happy. Just 55.2% of members with balances ...

SMSFA slams PC draft findings

KARREN VERGARA  |  WEDNESDAY, 25 JUL 2018
... draft report released in May, the SMSFA said the findings fail to consider the broader motivations why individuals set up SMSFs. The Productivity Commission noted that SMSFs are broadly competitive with institutional funds in terms of net returns, and ...

Macrovue appoints ANZ Wealth executive

KANIKA SOOD  |  FRIDAY, 20 JUL 2018
... things and ageing population. They span 20 global markets and nine currencies. It is targeting direct investors including SMSFs trustees as well as advisers. Shareholders in the company include AMP New Ventures, the Inception Growth Opportunity Fund ...

SMSFs overlooking off-the-plan property risks

KARREN VERGARA  |  FRIDAY, 20 JUL 2018
... should have been identified at least a couple of years ago. Defaults have been rising and will continue to do so." He added SMSFs shouldn't overlook three major risks associated with off-the-plan properties: equity, cash flow and settlement risks. Before ...

SuperStream changes consultation opens

HARRISON WORLEY  |  THURSDAY, 19 JUL 2018
... Government, the change will reduce compliance costs for SMSF and APRA trustees, expedite rollovers between APRA funds and SMSFs, and improve the integrity of superannuation by ensuring mandatory use of the ATO SMSF verification service by APRA funds. ...

FASEA-induced exodus increasingly likely

JAMIE WILLIAMSON  |  TUESDAY, 17 JUL 2018
... do not scale up and down according to your speciality or licence class...Many accountants who provide limited advice on SMSFs will find themselves required to do a one or three subject bridging course. Those who have been in the industry the longest ...

Westpac ditches SMSF lending

KARREN VERGARA  |  TUESDAY, 17 JUL 2018
... Westpac will terminate its self-managed superannuation fund loan offering at the end of this month. Customers wanting to use SMSFs to borrow and purchase residential investment property in Australia will have to look elsewhere. The bank and its subsidiaries ...

Crypto exchange enters superannuation market

KARREN VERGARA  |  TUESDAY, 17 JUL 2018
Cryptocurrency exchange Cointree is entering the superannuation space and enabling members to set up SMSFs that invest in digital assets immediately. It is partnering with New Brighton Capital, an SMSF service provider specialising in helping members ...

Industry expert joins SMSFA board

KARREN VERGARA  |  WEDNESDAY, 11 JUL 2018
... banking, insurance, accounting and financial planning before establishing his own business in 2006. He frequently writes about SMSFs in simple and comprehensive terms, earning him the title as The SMSF Coach. SMSFA chair Deborah Ralston said Shorte's ...