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| | | ... and tipped to be largest sector in the post-retirement superannuation market, according to the association. As at March, SMSFs accounted for 32% or $674 billion of total superannuation assets. There were about 1,120,117 SMSF members of 590,742 funds ... |
| | | | ... general manager, technical services, operating from Newcastle. Collectively the merged firms will manage in excess of 12,000 SMSFs. About 600,000 SMSFs are currently in operation nationally, managing $653.8 billion in assets, according to the latest ... |
| | | | ... project at Badgery's Creek. The platform also provided an update on its ongoing Federal Court action seeking confirmation that SMSFs can invest in a DomaCom sub-fund that owns a residential property rented by a related party; and that the DomaCom Fund ... |
| | | | ... made against the estate, which makes its way to court and isn't later settled out of court. "You see a lot of clients with SMSFs and discretionary trusts who aren't aware of just how many ways a claim could be made against their assets once they pass," ... |
| | | | ... investors to diversify their investment portfolios is exciting for our business. Much has been said and written about how SMSFs are heavily weighted towards cash and Australian blue chips, so a service that can help those trustees who want to diversify ... |
| | | | ... assess how they were faring with their obligations following the removal of an exception for accountants to give advice on SMSFs in July last year. ASIC found licensees were uncertain about steps they need to take to comply with their new obligations ... |
| | | | ... segregated account with Diversa as the trustee. While assets such as property and the more 'exotic' assets available through SMSFs are excluded, clients can invest in the top 500 ASX-listed securities; listed Australian shares; exchange-traded funds ... |
| | | | ... to advance the technological architecture of the SMSF sector by providing an industry hub to develop data standards for SMSFs and new applications of information technology to SMSF administration. This will pull together SMSF businesses, researchers ... |
| | | | ... prioritise product enhancements and the AIP service is just one example of this. One in three self-managed super funds (SMSFs) chooses Macquarie's cash management account, McArdle said, adding "we're investing significantly to build a level of functionality ... |
| | | | ... so that accountants can be confident in using it within SMSF processes, he said. Hennington added each year, a quarter of SMSFs will need written product advice to support the transactions accountants help with, including set-ups and pensions. Meanwhile ... |
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