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Showing 31 - 40 of 316 results for "SMSF Association"

Chalmers lays down the law on super tax

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
... haven't changed our approach to it," he said. The super industry has been pushing against the policy with the SMSF Association (SMSFA) saying the tax on unrealised gains "punished aspiration". "Let's be clear: taxing someone on paper gains they haven't ...

Reducing super tax cap to $2m 'a concern': FAAA

ELIZA BAVIN  |  FRIDAY, 9 MAY 2025
... do there to get rid of unnecessary red tape." De-regulation has been a sticking point for the industry, with SMSF Association (SMSFA) chief executive Peter Burgess agreeing that the complexity behind the DBFO reforms undermines the core policy objectives. ...

Industry bodies call for delay to Payday Super

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
... Financial Advice Association of Australia, Institute of Certified Bookkeepers, Institute of Public Accountants, SMSF Association and The Tax Institute. While legislation is yet to be enacted, Payday Super is slated for 1 July 2026 and designed to ensure ...

Webull launches SMSF account offering

ANDREW MCKEAN  |  MONDAY, 14 APR 2025
... SMSFs with balances under $500,000 tend to underperform industry and retail funds after expenses and tax. The SMSF Association, however, which commissioned research from the University of Adelaide, begged to differ. Its research found that SMSFs with ...

Payday super on track, but so is the $3m super tax

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... Budget also confirmed it would proceed with tax on superannuation balances exceeding $3 million, in a move the SMSF Association (SMSFA) slammed as an "ill-conceived initiative". SMSFA chief executive Peter Burgess said the government has ignored valid ...

Unlawful hawking practices re-emerge in SMSFs

MATTHEW WAI  |  TUESDAY, 11 MAR 2025
SMSF Association (SMSFA) chief executive Peter Burgess has called out recent hawking practices that prompt people to transfer their retirement savings into a self-managed super fund (SMSF). Burgess said the sector needs to be on alert about the resurgence ...

SMSF Association names annual award winners

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
SMSF Association (SMSFA) has recognised four of its members at the 2025 SMSF National Conference, citing their excellence in self-managed superannuation and their contribution to the sector. The 2024 CEO Award was posthumously awarded to former Foxton ...

Gen X remains the largest cohort in SMSF establishments: Class

MATTHEW WAI  |  WEDNESDAY, 19 FEB 2025
Generation X and Millennials collectively drove about 85% of new self-managed superannuation fund (SMSF) establishments for the six months to 31 December 2024, according to a new report from Class. The total value of the net assets administered on Class ...

SMSFs outperform APRA funds over five years: Research

MATTHEW WAI  |  WEDNESDAY, 12 FEB 2025
... from the University of Adelaide's International Centre for Financial Services (ICFS), commissioned by the SMSF Association (SMSFA), the five-year annualised rate of return (ROR) on SMSFs between 1 July 2018 and 30 July 2023 was 6.5% compared with ...

One more vote needed for $3m super tax

MATTHEW WAI  |  THURSDAY, 6 FEB 2025
... card surcharges by linking it to the passing of Div 296," Ali said. A similar argument was recently raised by SMSF Association chief executive Peter Burgess, who believes the bill has been pushed due to the missing vote. "We think this is a sure sign ...