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| | | ... a stronger preference for domestic equities than their accumulation phase counterparts. Recent analysis from Class shows SMSFs in pension phase are, on average, allocating 33% of their gross assets to domestic equities. In comparison, accumulation phase ... |
| | | | ... makes it easy for SMSF trustees to fulfil obligations about reporting life insurance requirements. The solution provides SMSFs online access to life insurance at competitive wholesale rates and provide significant savings for members, he explained, adding ... |
| | | | ... Tesla and Nvidia joined Amazon, Apple and Facebook as some of the most heavily traded international stocks last year by SMSFs. "International trading surged nearly 100% over the previous year, with US equities and US ETFs the most traded equity instruments ... |
| | | | ... of the SMSF sector through the lens of funds established five years ago and asked: where are they now? There were 36,160 SMSFs lodged in the 2012 financial year. At that time, the median and average age of members was 50. The median age of new members ... |
| | | | ... less the amount of any non-deductible contributions." Maroney said the operation of these provisions impacts principally on SMSFs as well as small APRA funds as the breach of the active member test is, in effect, restricted to small funds. "It's virtually ... |
| | | | ... and $699,999. Retail funds only lead in the under $5000 category with 55.3% satisfaction. For balances of over $700,000, SMSFs are the pick, with satisfaction rising to 83% in the six months to November 2017. This was slightly ahead of industry funds ... |
| | | | Six months after the superannuation changes were put in place, self-managed superannuation fund members (SMSF) are still struggling with the complexities of the reforms, the head of the SMSF Association says. Chief executive John Maroney said SMSF members ... |
| | | | ... industry fund members is only 39.6 years, while that of retail funds is 45.7 years. Self-managed superannuation fund members (SMSFs) are the oldest at a median age of 59 years, followed by public sector funds (49.6 years). In line with the age gap, the ... |
| | | | ... National Conference. The SMSF Association's head of technical Peter Hogan told the conference the assumption that people with SMSFs have lots of money is misguided. "Yes, in year's past they [SMSFs] have largely been for those with greater discretionary ... |
| | | | ... to establish self-managed superannuation funds and transition existing superannuation and insurance arrangements into the SMSFs without appropriate consideration. It was also found that Fraser failed to disclose potential conflicts that could have potentially ... |
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