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Showing 561 - 570 of 2554 results for "SMSF"

The secret to neutralising sequencing risk

ALLY SELBY  |  TUESDAY, 16 JUN 2020
... saw most asset classes fall and diversification benefits disappear in a systemic 'risk-off' environment." For example, many SMSF, retirement and high net worth portfolios tilted towards infrastructure and real estate as defensive proxies prior to the ...

ATO warns against SMSF property development

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
... growing number of SMSFs purchasing and investing in the development of real property. The ATO said it strongly encourages SMSF trustees who may be considering property development to seek professional advice and to approach the ATO for advice if necessary. ...

NowInfinity founders depart following acquisition

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
... founders of corporate compliance and documentation platform NowInfinity will depart the business following its integration with SMSF platform Class. Amreeta Abbott and Vitalii Symon will step aside to pursue other projects after the platform was able ...

FSC calls for SMSF access to infrastructure

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
The FSC has proposed a plan to democratise investment in domestic infrastructure development, making these projects accessible to every Australian with money in superannuation. The FSC said the proposed Australian Superannuation and Infrastructure Investment ...

SMSFs to weather the storm

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... released by APRA show there was a decrease of 7.7% in total superannuation assets in the March quarter. As part of this, SMSF assets fell by 9.4%. However, Verante director and SMSF specialist adviser Liam Shorte told Financial Standard most of his clients ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
Latest data from APRA shows that the superannuation sector has withstood the worst of the COVID-19 financial crisis, falling just 0.3% in a year while bolstering cash reserves. The prudential regulator's latest quarterly superannuation statistics ...

Iress inks bond exchange partnership

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... software to access the entire suite of bonds admitted to trading status on the exchange's platform, giving private investors, SMSF trustees, brokers, and the clients of financial advisers with greater access to fixed income. In addition to providing ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
It is in the best interests of members for the number of superannuation funds serving Australians to be drastically reduced, according to a new report. Management consulting firm Right Lane is calling on high-cost super funds to urgently wed themselves ...

TPB cracks down on 74 tax practitioners

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... Tax Practitioners Board has found 74 tax practitioners to be engaging in "concerning behaviour", including using fraudulent SMSF Auditor Numbers (SANs). In 2019, the ATO started a compliance campaign that involved reviewing SMSF annual returns. It found ...

Sole purpose test poses SMSF rent relief issue

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
COVID-19 has seen more than half a million Australians lose their jobs and countless businesses shuttered but for SMSF trustee landlords offering rent relief to those facing financial hardship could mean they fail to meet the sole purpose test. Breaching ...