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Showing 31 - 40 of 133 results for "SMSF members"

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... under $5000 per annum compared to the figure of almost $14,000 used by ASIC." He also slammed the ATO for frightening SMSF members. "The ATO also wrote to about 18,000 SMSFs encouraging them to review their investment strategy where they had a high exposure ...

Association policy lead to join Treasury

ELIZABETH MCARTHUR  |  THURSDAY, 15 AUG 2019
... superannuation policy," the SMSFA said. The association represents the SMSF sector, which is comprised of 1.1 million SMSF members who have over $750 billion in funds under management. The SMSFA consists of accountants, lawyers, financial planners, tax ...

Advisers struggle with untapped SMSF market

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
... SMSF trustees, she said. Pension strategies, estate planning and identifying undervalued assets were the top areas SMSF members grappled with. Tax planning, investment strategy and asset protection for share market falls were also difficult areas to ...

PYSP puts SMSFs at risk

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
... memberships they may hold as a means to accessing group life insurance. The association said it was concerned for SMSF members who deliberately hold membership with an APRA-regulated fund in order to obtain life cover through the fund's group life scheme. ...

SMSF wind-ups spike: ATO

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
... establishments. Again, establishments took a dive in 2018 with only 25,457 recorded. However, the total number of SMSF members has remained consistent, hovering around one million for the last five years - reaching a high of 1,102,730 last year. Liam ...

SMSF gender gap reduces over time

HARRISON WORLEY  |  TUESDAY, 7 MAY 2019
... consider overall fund balances - and not just individual member balances - when establishing funds. The report shows SMSF members recognise the advantage of pooling their retirement savings with others, with the average individual member balance of a ...

Macquarie axes SMSF residential property loans

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... balance of a limited recourse borrowing arrangement if commenced after 1 July 2018. This increase would apply to SMSF members who have full access to their superannuation or where the asset is funded by the limited recourse borrowing arrangement between ...

Spousal top ups to beat super balance inequity

JAMIE WILLIAMSON  |  THURSDAY, 14 FEB 2019
... have greater financial capacity to do so," he added. This would also better align with the contribution patterns of SMSF members nearing retirement who increase their voluntary contributions significantly.

Labor reforms to increase welfare dependency

JAMIE WILLIAMSON  |  THURSDAY, 17 JAN 2019
... retirees. The Alliance has estimated about 1.2 million people will be impacted by the proposal, of which 437,000 are SMSF members. An additional 2000 people in small APRA-regulated funds will also suffer. Ralston said the proposal fails the public policy ...

Labor franking credit changes fair but not the best: Grattan

KANIKA SOOD  |  MONDAY, 26 NOV 2018
... manager of technical and education services Peter Burgess said the proposed pensioner guarantee does little to protect SMSF members from the impact of removing refundable franking credits and, over time, is likely to exacerbate the disruption to tax ...