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Showing 501 - 510 of 2554 results for "SMSF"

SMSFs dump $30bn in shares

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... total estimated assets. Cash and term deposits decreased marginally from $154.4 billion to $153.3 billion and make up 21% of SMSF asset allocation. Both non-residential real property and residential property remained steady at $75 billion and $40 billion ...

Super satisfaction bounces back

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
Member satisfaction with superannuation funds has increased across all sectors for the first time since the pandemic, new research shows. Roy Morgan's latest Superannuation Satisfaction Report reveals overall superannuation satisfaction increased 0.6% ...

AllianceBernstein Australia eyes ETFs

KANIKA SOOD  |  MONDAY, 7 DEC 2020
The US manager is readying its well-performing $1.2 billion AB Managed Volatility Equities fund for an active ETF debut early next year. The Roy Maslen-managed fund has delivered 9.38% p.a. over five years and -1.59% in the last 12 months. It is was ...

Director charged with dishonest conduct

ANNABELLE DICKSON  |  FRIDAY, 4 DEC 2020
... from early 2017 to late 2019 but did not hold a licence. Naseeruddin encouraged investors to move their super and start an SMSF set up by an associate of his. ASIC alleges the funds were transferred to Secure Investments and subsequently a significant ...

Former Class Super chief joins regtech board

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... is backed by the state's $1.4 billion sovereign wealth fund. Ray was the chief executive of Class Super, which sells SMSF administration software for about four years between 2009 and 2014. "Raj brigs unparalleled industry experience in financial ...

SMSF fraudster sentenced

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
... arrested on 14 April 2017 after being charged with fraud relating to obtaining funds from self-managed superannuation fund (SMSF) investors during 2013 and 2014. ASIC alleged Gore obtained funds from SMSF investors through his role at Arion Financial ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
The federal government has released its draft legislation for the Your Future, Your Super reforms, opening the industry consultation period until December 24. The package of reforms, which was unveiled in the 2020-21 budget, has four main components ...

End of the road for advice qualifications

JAMIE WILLIAMSON  |  TUESDAY, 24 NOV 2020
... Superannuation is suitable for those seeking specialist technical operational and research analyst roles in the super and SMSF spaces. Knight said the new qualifications are designed to benefit the industry, with individuals learning both in-depth knowledge ...

Super sneaks back to $3tn in assets

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
Superannuation assets totaled $2.9 trillion at the end of the September 2020 quarter, according to the latest statistics from APRA. Despite the effects of the government's early release of super scheme, coupled with market volatility and a sharp economic ...

ASIC takes SMSF accountant to court

ANNABELLE DICKSON  |  TUESDAY, 24 NOV 2020
... Securities and Investments Commission (ASIC) has commenced legal proceedings in the Federal Court against a Gold Coast-based SMSF accountant for failing to comply with an enforceable undertaking. Jenan Oslem Thorne, otherwise known as Cenan Thorne or ...