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Showing 511 - 520 of 2554 results for "SMSF"

SMSFs are cost-effective, deliver for members

KARREN VERGARA  |  MONDAY, 23 NOV 2020
... super funds are giving retail and industry funds a run for their money in terms of fees and returns. Joint research by the SMSF Association and Rice Warner found SMSFs with $200,000 or more are cost competitive with both industry and retail super funds. ...

Treasury expected to release retirement review

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... three-person panel of Treasury veteran Mike Callaghan, former Future Fund board member and banker Carolyn Kay and former SMSF Association chair Deborah Ralston produced the 600-page report. Their job was not to make any recommendations (akin to the Royal ...

Fintech to take on super with new hire

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
... to take on the super industry to give younger investors a simple, low cost way to have their own self-managed super fund (SMSF), by announcing a new executive hire. Stake announced the appointment of Kris Kitto as head of product - super, a superannuation ...

AAT affirms SMSF adviser ban

JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
The Administrative Appeals Tribunal (AAT) has upheld a ban imposed by ASIC on an SMSF adviser who failed to disclose significant conflicts of interest. In December 2019, Wayne Blazejczyk was banned by the regulator for five years after he was found ...

Loftus Peak lists active ETF

KANIKA SOOD  |  MONDAY, 9 NOV 2020
... a quoted fund provides distribution access to broker-directed clients - which in turn can mean access to the $730 billion SMSF market," Equity Trustees global head of business development, fund services Harvey Kalman said. "We're excited to be a ...

Off-platform assets consume advisers' time

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... including custodial and non-custodial assets." According to the Australian Taxation Office, some $342 million of the $733 billion SMSF industry is invested in assets that are challenging to hold on platforms, such as artwork, jewelry, antiques, memorabilia ...

AMP Capital bids farewell to active ETFs

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
... know that ETFs are a large and growing market segment in Australia. AMP Capital remains committed to providing Australian SMSF, self-directed investors and financial advisers with a broad choice of contemporary products and continue to see extremely ...

Fastest-growing AFSLs in the country

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... Planning, with its 945 advisers and about $56 billion had the largest market share of advisers at 4.6%. It was followed by SMSF Advisers Network (907 advisers, $250 million, 4.4% market share). Next up were five names with 2% to 2.6% market share: Synchronised ...

SMSF fraudster charged

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
A Brisbane man has been found guilty in the District Court of six counts of fraud in obtaining funds from SMSF investors. Craig Kirrin Gore was first arrested in April 2017 and charged with fraud after he obtained $800,000 from SMSF trustees between ...

Crackdown on SAN misuse continues

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
A fourth tax agent has been deregistered for misusing an SMSF Auditor Number (SAN) as the Australian Taxation Office (ATO) continues its crackdown on SAN misuse. Following a referral from the ATO in relation to identified SAN misuse, the Tax Practitioners ...