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Showing 521 - 530 of 1821 results for "Managed Super"

ASIC widens conflicted adviser remuneration rules

ALEX BURKE  |  THURSDAY, 7 DEC 2017
... given by property developers to advisers in cases where the adviser recommends the use or establishment of a self-managed super fund to buy property. Rules around the exclusion of benefits paid by clients from conflicted remuneration rules have also ...

SMSFs continue rise

EMMA RAPAPORT  |  WEDNESDAY, 6 DEC 2017
Self-managed superannuation funds are on the rise 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 ...

Former CBA-aligned adviser banned for three years

ALEX BURKE  |  FRIDAY, 1 DEC 2017
An adviser formerly working under CBA-owned licensee Financial Wisdom has been banned for three years by ASIC. ASIC said the decision came about because Julie Hamilton failed to act in her clients' best interests; the regulator investigated her activity ...

Government caves to banking Royal Commission

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
The Turnbull Government announced it will establish a royal commission into the alleged misconduct of banks, insurers and superannuation funds. The inquiry will also investigate the regulators' ability to identify and address misconduct, but will not ...

Praemium solution signs first client

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2017
... advice and investment management firm, Merchant Group, is the first to use the enhanced investment portfolio and self-managed super fund administration service. Merchant Group managing director Andrew Chapman said the ability to manage clients on one ...

Centrepoint adviser banned

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2017
A financial adviser licensed through Centrepoint Alliance's Professional Investment Services has been banned by ASIC for three years for incompetence. Ramana Rao of Metaplanners in South Australia was banned from providing financial services after it ...

SuperConcepts launches admin tool

KARREN VERGARA  |  TUESDAY, 28 NOV 2017
SuperConcepts has launched an administrative tool to help self-managed super fund (SMSF) members oversee investments more efficiently. Connected Services gives members greater visibility and faster access to assets, in addition to bank accounts, term ...

Superannuation savings reach $2.5 trillion

EMMA RAPAPORT  |  FRIDAY, 24 NOV 2017
... $1,637.2 billion +9.1% Of which: total assets in MySuper Products $492.2 billion $610.2 billion +24.0% Total self-managed super fund assets $651.1 billion $701.6 billion +7 Australia's growing retirement savings pool has caught the attention of the nation's ...

ATO warns SMSFs about risky arrangements

KARREN VERGARA  |  FRIDAY, 17 NOV 2017
The Australian Taxation Office issued a stark warning to self-managed superannuation fund members about entering risky retirement planning arrangements that could potentially be illegal. ATO deputy commissioner James O'Halloran urged SMSF trustees to ...

Former adviser cops 10-year imprisonment

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2017
The former principal of Sherwin Financial Planners was sentenced to 10 years imprisonment for fraud. Bradley Thomas Sherwin was found guilty of 25 charges following an ASIC investigation arising from of the collapse of his financial planning business ...