Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 571 - 580 of 1390 results for "SMSFS"

Industry super attacks SMSFs

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2017
... self-managed super funds," saying the perception that there is little difference in performance between APRA-regulated funds and SMSFs is false. "A self-managed super fund with less than $2 million in assets is unviable as a retirement savings vehicle. ...

ASIC watching SMSF advice closely

JAMIE WILLIAMSON  |  MONDAY, 20 FEB 2017
... major project focused on the advice provided to self-managed super fund clients, particularly around the establishment of SMSFs, as the regulator continues its work to lift the standard of financial advice in Australia. Deputy chairman Peter Kell informed ...

SMSFs no influence on housing

JAMIE WILLIAMSON  |  FRIDAY, 17 FEB 2017
... threat to homebuyers, according to the latest insights from Class. The software firm's latest SMSF Benchmark Report shows SMSFs' are not influencing high property prices because, as a sector, they have negligible exposure to residential property. The ...

Unadvised SMSFs ripe for advisers

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2017
About 60% of Australia's SMSFs consider themselves to be unadvised, instead receiving their education around incoming super reforms from news and social media platforms. This is a key finding of new research from the SMSF Association and Commonwealth ...

Act like a professional to be a professional: Slattery

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2017
... for Australians in retirement, saying that for too long others in the super sector have been threatened by the power of SMSFs. The industry is predicted by Rice Warner to reach $2.1 trillion in funds under management in the next 15 years. "This isn't ...

Couples can benefit more than singles in SMSFs

EMMA RAPAPORT  |  TUESDAY, 14 FEB 2017
... strategy, deed, and reduced administration fees. As added reassurance, you won't be alone in this joint adventure - 70% of SMSFs have two members, and 8% have three to four members. A large proportion of funds with two members are expected to be couples. ...

KISS selects SMSF compliance software provider

ALEX BURKE  |  MONDAY, 13 FEB 2017
... a "long-term advocate." The company's Simple Fund software is used in administration of about 70% of Australia's 600,000 SMSFs. The new CAS 360 software, which will release to market on February 22, is described as a cloud-based ASIC corporate compliance ...

Scale advantage in SMSF performance

JAMIE WILLIAMSON  |  THURSDAY, 2 FEB 2017
SMSFs with balances of $200,000 or more perform better than those with smaller balances. According to new research from SuperConcepts and the University of Adelaide's International Centre for Financial Services, large SMSFs perform better because they ...

Australian pension market grows

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2017
... the total equities exposure," Newfield said. Australia tops the list with the highest allocation to cash, primarily due to SMSFs. Australia's allocation is 16% of the total, in contrast to the US and Canada (2%), UK (1%) and Japan (4%). Newfield said ...

ATO calls time on SMSF safe harbour rules

ALEX BURKE  |  MONDAY, 30 JAN 2017
... comply with PCG 2016/5, you should take urgent action to ensure the non-arm's length income rules will not apply to the SMSFs because of the loan terms." He added: "It is also a good opportunity to review the other parts of the LRBAs to make sure there ...