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Showing 491 - 500 of 1390 results for "SMSFS"

SMSFs shifting focus for diversification

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
... 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 ...

ATO toasts the "SMSF class of 2012"

ALEX BURKE  |  FRIDAY, 19 JAN 2018
... 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 ...

SMSF members want overseas restrictions lifted

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
... 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 ...

Satisfaction with industry super rising

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2018
... 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 ...

SMSFs grappling with super changes

KARREN VERGARA  |  FRIDAY, 12 JAN 2018
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 funds reign supreme: Research

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2018
... 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 ...

FS has you covered in 2017

DARREN SNYDER  |  FRIDAY, 22 DEC 2017
... 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 ...

ASIC takes further action against MyPlanner

JAMIE WILLIAMSON  |  WEDNESDAY, 20 DEC 2017
... 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 ...

Retail MySuper outpacing NFP products

KARREN VERGARA  |  FRIDAY, 8 DEC 2017
... SG360 default index of 12% per annum, which is based on MySuper assets. Underperforming the default index means members of SMSFs with conservative or inactive investment strategies achieved poorer investment outcomes than typical MySuper members, the ...

SMSFs continue rise

EMMA RAPAPORT  |  WEDNESDAY, 6 DEC 2017
... according to figures released by the Australian Taxation Office. The 2017 Statistical Report reveals the total number of SMSFs in operation has increased to almost 600,000 with 23,508 accounts added in the last year. Well over one million Australians ...