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Showing 31 - 40 of 87 results for "APRA fund"

PYSP puts SMSFs at risk

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
... worried some SMSF members will lose their life insurance cover because they have not checked correspondence from their APRA fund or contributed to it, he said. "This could have a devastating impact on policy holders or their beneficiaries if their insurance ...

ATO guides SMSFs on PYSP changes

HARRISON WORLEY  |  THURSDAY, 16 MAY 2019
The Australian Tax Office has provided guidance on how self-managed superannuation funds might be affected by the Protecting Your Super reforms. The ATO confirmed to SMSF investors that the raft of changes - introduced as part of the Protecting Your ...

Sargon launches SMSF alternative

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2019
... traditional self-managed superannuation fund, with Sargon partnering with an $11.5 billion platform to launch a small APRA fund. Sargon has partnered with HUB24 to provide advisers and their clients with access to the same benefits of a SMSF without ...

The problem the Productivity Commission is trying to fix

ALEX DUNNIN  |  THURSDAY, 10 JAN 2019
... sectors, who thinks this is just another meaningless inquiry report is in for a shock. Even a cursory look at the 2018 APRA fund inflow figures - with the amount of funds at stake - will attest to that.

Frydenberg boosts APRA funding

HARRISON WORLEY  |  MONDAY, 5 NOV 2018
The Federal Government has moved to strengthen supervision of the financial services industry, boosting APRA's funding and reappointing chair Wayne Byres for five years. The prudential regulator will welcome an extra $58.7 million in funding over ...

SuperStream changes consultation opens

HARRISON WORLEY  |  THURSDAY, 19 JUL 2018
... this year, the Government's changes will allow SMSF members to initiate and receive rollovers electronically between an APRA fund and their SMSF. Commenting on the proposed changes, Minister for Revenue and Financial Services Kelly O'Dwyer said the change ...

Royal Commission sees increased ASIC, APRA funding

ALEX BURKE  |  TUESDAY, 8 MAY 2018
Both ASIC and APRA will receive additional payments from the Government in light of the financial services Royal Commission. ASIC will receive $10.6 million over two years from 2017-18 and APRA will receive $2.7 million in 2018-19. The Government said ...

Six associations form new alliance

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... everyday Australians who have worked hard, paid their taxes and carefully saved for retirement through their SMSF or small APRA fund. SMSF Association chief executive John Maroney welcomed the creation of the alliance and stressed the need for clear ...

Government to increase SMSF member limit

KARREN VERGARA  |  MONDAY, 30 APR 2018
... be extended to include SMSF rollovers, allowing members to initiate and receive rollovers electronically between an APRA fund and their SMSF. "This will reduce compliance costs, expedite the rollover process and further improve the integrity of the super ...

ATO closely monitoring SMSF balance caps

KARREN VERGARA  |  MONDAY, 19 FEB 2018
The ATO is closely monitoring self-managed super funds (SMSF) that breach the transfer balance cap and has already issued several alerts to members close to breaching the cap. ATO deputy commissioner for superannuation James O'Halloran told the 2018 ...