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Showing 451 - 460 of 1390 results for "SMSFS"

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
... (SMSF) segment has broadly tracked the long-term investment performance of APRA-regulated funds on average. However, smaller SMSFs (those with balances under $1 million) have delivered materially lower returns on average than larger SMSFs - exceeding ...

Advisers struggling with SMSF diversification

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
... being established each month. Further, 154,050 trustees projected to move into retirement within five years. Advisers of SMSFs play a significant role in helping trustees meet their legal obligations, navigate regulatory change and embrace the importance ...

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 ...

Unlicensed SMSF advice not systemic: ASIC

HARRISON WORLEY  |  FRIDAY, 4 MAY 2018
... an alternative "limited licence", which would enable the provision of a limited range of financial services relevant to SMSFs. The ASIC inquiry found that most of the accountants investigated were not providing unlicensed SMSF advice, and that mainly ...

ASIC deregisters 117 SMSF auditors

KANIKA SOOD  |  WEDNESDAY, 2 MAY 2018
... statements. The auditors stripped of their registrations will no longer be able to audit self-managed superannuation funds (SMSFs). "Conducting an audit of an SMSF when not permitted to do so may have further serious consequences for the fund and the ...

SMSFs ramp up LRBA and property allocations

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
... asset class. Residential property on the other hand almost doubled from $17.3 billion to $34.2 billion. Interestingly, more SMSFs have ramped up borrowing activities - jumping from $9.8 billion to $24 billion. Rainmaker's December 2017 Roundup research ...

Retirement income expert joins SMSFA

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
... superannuation industry." He added he is looking forward to playing a public policy role at a time when the majority of assets in SMSFs reach pension mode. "It will be critically important to get the policy settings right as we enter into this new chapter ...

Government to increase SMSF member limit

KARREN VERGARA  |  MONDAY, 30 APR 2018
... this important reform, which is expected to commence late next year." Based on ATO FY16 figures, the majority or 69.8% of SMSFs have two members, while 22.9% have one member. Less than 4% of SMSFs have three and four members respectively. SMSF Association ...

Smaller super funds lead Roy Morgan rankings

HARRISON WORLEY  |  MONDAY, 30 APR 2018
... 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 director ...

Heffron partnership to offer robo-SMSFs

HARRISON WORLEY  |  FRIDAY, 27 APR 2018
... industry," he said. Co-founder and Heffron head of product Meg Heffron said the partnership allowed the two firms to simplify SMSFs. "Both Six Park and Heffron have a vision of bringing expertise normally only available at the big end of town to everyone," ...