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Showing 541 - 550 of 1383 results for "SMSFs"

SMSF associations announce merger

EMMA RAPAPORT  |  FRIDAY, 26 MAY 2017
... which already breaches the $25,000 cap the government is imposing on 1 July 2017. Baby Boomers and Gen X employees with SMSFs have to put the brakes on retirement savings by the new, lower cap on concessional contributions, with 25.9% aged 49 and over ...

Retail super fund members increasingly satisfied

DARREN SNYDER  |  WEDNESDAY, 24 MAY 2017
... because they hold 58.3% of all superannuation funds and yet only account for 17.3% of members. "Currently, self-managed funds (SMSFs) lead in satisfaction among this group with 78.2%, followed by industry funds on 70.2% and retail funds on 69.2%. It ...

BGL releases CGT capability for SMSFs

EMMA RAPAPORT  |  MONDAY, 22 MAY 2017
... which funds are affected by the reforms. The work we have done with big data just continues to help our clients manage their SMSFs more efficiently and effectively." SMSFs can get CGT relief from future capital gains where fund members need to comply ...

SMSFs in rebalancing flurry

KARREN VERGARA  |  THURSDAY, 18 MAY 2017
... a last-ditch effort to re-adjust balances head of the July 1 legislative changes to super. SuperConcepts' survey of 2750 SMSFs shows the average benefit payment from the December quarter increased from $16,256 to $27,900. The majority of members (60%) ...

Partnership empowers accountants to give advice

KARREN VERGARA  |  FRIDAY, 12 MAY 2017
... their SMSF clients, Golombick said. Class chief executive Kevin Bungard commented the importance of financial advice for SMSFs has been brought into sharp focus by the introduction of the super reforms. The impact of the super reforms on SMFSs members ...

LRBA loophole for SMSFs removed

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
... to invest in property, as this may trigger the $1.6 million transfer balance cap in retirement. ATO statistics show that SMSFs currently hold $24.3 billion in LRBAs, with these financial instruments being predominantly used to invest in residential and ...

Super reform impacts AMP results

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2017
... industry as customers transitioned to MySuper prior to 1 July 2017, consolidate their funds and allocate more investments to SMSFs, amid a changing regulatory environment. As a result, both Australian wealth management cash inflows and outflows were ...

SMSFs hit hard by super reform

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... which already breaches the $25,000 cap the government is imposing on 1 July 2017. Baby Boomers and Gen X employees with SMSFs have to put the brakes on retirement savings by the new, lower cap on concessional contributions, with 25.9% aged 49 and over ...

Terrible tax policies of the last 25 years

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... 5.2% of the increase in private sector employment," Eslake said. The decision to allow self-managed superannuation funds (SMSFs) to borrow for residential property investment - Howard/Costello, 2007 In 2007, during the last months of the Howard government ...

BTFG drags Westpac performance

KARREN VERGARA  |  MONDAY, 8 MAY 2017
... management up 19% and funds under administration hitting $3.9 billion. During the half, the firm integrated its superannuation, SMSFs, insurance and investments on its BT Panorama, which has about 19% of the wealth platform market. The group's alternative ...