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Showing 451 - 460 of 1821 results for "Managed Super"

Industry stakeholders welcome PC report

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
... lifetime will also address the chronic issue of multiple accounts. Also addressing shortfalls in the $699 billion self-managed super sector, the PC determined the current cost of running an SMSF erodes balances to such an extent that any funds with less ...

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
The Productivity Commission recommends an independent review of insurance in superannuation; that Australians enter default super once; and that super funds disclose trailing financial adviser commissions. These are a few of the 22 recommendations in ...

Advisers struggling with SMSF diversification

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
Only one in five financial advisers consider clients' self-managed superannuation funds to be well diversified. The 2018 SMSF Insights Paper - a collaboration between Investment Trends, BT Financial Group and the SMSF Association - shows that despite ...

ASIC drags NSW adviser to court

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
A financial adviser who allegedly recommended his clients set up SMSFs and invest funds in a company where he was a director; and claimed life insurance commissions from illegitimate applications, will face the Federal Court this month. ASIC has commenced ...

Industry wants one-stop-shop professional body: Poll

KARREN VERGARA  |  MONDAY, 7 MAY 2018
The financial services industry is voting in favour of one overarching professional body to oversee standards and codes of conduct, Financial Standard' latest spot poll shows. We asked readers to respond to the statement: Does the financial services ...

ASIC deregisters 117 SMSF auditors

KANIKA SOOD  |  WEDNESDAY, 2 MAY 2018
... not lodged annual statements with their fee, despite the November warning. Responding to the announcement, Self Managed Super Fund Association (SMSFA) said it supports strong regulation of SMSF auditors. "SMSF auditors are most likely not lodging their ...

SMSFs ramp up LRBA and property allocations

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
Latest ATO figures show self-managed super funds' interest in limited recourse borrowing arrangements (LRBA) and residential property assets have skyrocketed in the last five years. December 2017 quarterly data shows the sector held $31.4 billion in ...

Retirement income expert joins SMSFA

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
... chairing the review of the superannuation system nearly a decade ago, I came to appreciate both the importance of self-managed super funds and the critical role the SMSF Association plays in advocating for this sector and the broader superannuation industry." ...

Government to increase SMSF member limit

KARREN VERGARA  |  MONDAY, 30 APR 2018
The Federal Government announced it will expand the maximum number of self-managed superannuation fund members from four to six - a proposal welcomed by the SMSF Association. Revenue and Financial Services Minister Kelly O'Dwyer said the change will ...

Smaller super funds lead Roy Morgan rankings

HARRISON WORLEY  |  MONDAY, 30 APR 2018
... industry super funds meeting the average and retail fund narrowly falling short at 60.1%. Public sector and self-managed super funds(SMSFs) both sit well above the average, with scores of 72.6% and 73% respectively. Roy Morgan industry communications ...