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Showing 41 - 50 of 1408 results for "SMSFs"

AFCA membership extended for Shield, First Guardian-linked firms

KARREN VERGARA  |  WEDNESDAY, 4 MAR 2026
... in the financial advice sector led to a 58% increase in investment and advice complaints, including a 59% increase from SMSFs.

Research reveals 'alarming spike' in super switching

ELIZA BAVIN  |  FRIDAY, 27 FEB 2026
... 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 ...

AFCA receives record complaints in 2025

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
... 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 ...

SMSFs need to stay ahead of the regulatory curve: Nowinfinity

MATTHEW WAI  |  FRIDAY, 20 FEB 2026
... 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 ...

SMSF advice guidelines require improvement: AFCA

MATTHEW WAI  |  FRIDAY, 20 FEB 2026
... 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. ...

SMSFs avoid advisers due to lack of asset-specific support

MATTHEW WAI  |  FRIDAY, 20 FEB 2026
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 ...

SMSF advice requires specialist skills, professional judgement: SMSFA

KARREN VERGARA  |  THURSDAY, 19 FEB 2026
... 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 ...

Advisers lose lead in SMSF establishments: Panel

KARREN VERGARA  |  WEDNESDAY, 18 FEB 2026
... 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 ...

Super trustees told to up fraud protection game

MATTHEW WAI  |  WEDNESDAY, 4 FEB 2026
... 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 ...

ASIC acts against 28 SMSF auditors

MATTHEW WAI  |  FRIDAY, 30 JAN 2026
... 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 ...