Search Results | Showing 41 - 50 of 1408 results for "SMSFs" |
| | | ... in the financial advice sector led to a 58% increase in investment and advice complaints, including a 59% increase from SMSFs. |
| | | | ... had under $200,000. SMC said a similar pattern is occurring among Australians with limited amounts of super switching into SMSFs, with more than half having under $100,000 in super and three in four had less than $200,000. More than 70% of platform switchers ... |
| | | | ... to a 58% increase in investment and advice complaints, including a 59% increase from self-managed superannuation funds (SMSFs). Approximately 2162 complaints were related to the collapse of the Shield and First Guardian. "Shield and First Guardian complaints ... |
| | | | ... increasingly complex, Anderson said a more rigorous approach to the establishment, ongoing administration, and winding-up of SMSFs will help reduce the risk of non-compliance. She suggested to "slow down" the SMSF establishment process to undergo a more ... |
| | | | ... 274, ASIC provided six recommendations, aiming to give advisers a better understanding of their obligations when advising SMSFs, including the suitability of establishing an SMSF and the types of other professional advice available to their clients. ... |
| | | | The lack of asset-specific advice is increasing the advice gap for SMSFs in Australia, an expert said at the SMSF Association (SMSFA) Conference. During a panel discussion, Easy Super director Natalia Clack said she understood that financial advisers ... |
| | | | ... particularly in the area of SMSF establishments in light of ASIC's Report 824 findings, which showed nearly two thirds of SMSFs established under their recommendations are unsuitable to their needs. SMSF Association chief executive Peter Burgess said ... |
| | | | ... 2012. This saw the launch of nearly 14,500 new funds, up 33.4% year on year. The analysis also found four out of five new SMSFs established with Class had no financial adviser behind them. The figures conclude that the share of newly established SMSFs ... |
| | | | ... cost of the Compensation Scheme of Last Resort (CSLR), while excluding wealthier Australians with self-managed super funds (SMSFs), the SMC said. The government should also aim to provide clearer guidelines on risks from conflicted remuneration with ... |
| | | | ... were disqualified from acting as SMSF auditors. Orphanides and Yianni were disqualified because they continued auditing SMSFs whose financial statements were prepared by staff in their own firm, ASIC said. Since 2020, auditors are explicitly prohibited ... |
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