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Showing 641 - 650 of 2554 results for "SMSF"

Former Apogee, GPS Wealth advisers banned

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
... needs and circumstances, Khaw advised almost all of them to establish a self-managed superannuation fund or use an existing SMSF and to then use a limited recourse borrowing arrangement to purchase a property. In doing so, Khaw failed in his duty to ...

Vanguard swoops on superannuation

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
... launch, or the place for external mangers in its superannuation product, saying it's too early. Bowerman also chairs the SMSF Association's board, replacing Deborah Ralston in October after she stepped down to sit on the panel for the retirement ...

ASIC zeroes in on SMSF auditors

HARRISON WORLEY  |  WEDNESDAY, 6 NOV 2019
ASIC has taken action against three SMSF auditors for breaches and deficiencies in their auditing. The corporate regulator disqualified a pair of SMSF auditors and imposed conditions on another, after it found the auditors to be deficient across a range ...

ASIC calls out accountants

ELIZA BAVIN  |  TUESDAY, 5 NOV 2019
... the accountants' exemption means that unlicensed accountants cannot provide recommendations about whether to establish an SMSF, acquire an interest in an SMSF or wind up and SMSF. "This type of advice is fundamentally different to providing tax advice ...

Internal talent shuffle at AMP

HARRISON WORLEY  |  WEDNESDAY, 23 OCT 2019
... general manager of customer service Stuart Develyn. Develyn shifts to AMP Capital after more than three years at AMP's SMSF arm. SuperConcept's current general manager of operations Michael Pease will take a new title as general manager of operations ...

SMSF scheme sees creator jailed

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
A 51-year-old was found to have unlawfully created, operated and benefitted from a fraudulent self-managed superannuation fund. Kent Nguyen was sentence to three years in prison after pleading guilty to orchestrating an illegal early release of a superannuation ...

SMSFs can meet aspirational lifestyle: Research

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
... of Australians with self-managed super funds are set to retire with enough savings to fund lavish retirement lifestyles. SMSF actuarial certificate supplier Accurium claims many retirees with self-managed super funds are set to land on a retirement windfall ...

Former adviser cops 12 years in jail

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
A former Brisbane financial adviser will serve at least six years behind bars, after being found guilty of six charges of dishonestly causing detriment to clients to the tune of $5.9 million. After a three-week trial, former Growth Plus Financial Group ...

AustralianSuper rules out SMSF options

KANIKA SOOD  |  THURSDAY, 17 OCT 2019
... billion HostPlus opened up some of its options to SMSFs, with the goal of retaining members leaving the fund to set up an SMSF and to attract those winding down an SMSF. AustralianSuper will not go down the same route. "No, we have found that people ...

ASIC drags former adviser to court

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
A former financial adviser with a 25-year ban from the profession is facing court for allegedly using almost $2 million in client funds for his own benefit. Graeme Walter Miller appeared through his lawyer in Lismore Local Court on Wednesday, as the ...