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Showing 51 - 60 of 73 results for "Limited Recourse Borrowing"

Financial System Inquiry recommendations wrap

STAFF WRITER  |  SUNDAY, 7 DEC 2014
... borrowing by superannuation funds: Remove the exception to the general prohibition on direct borrowing for limited recourse borrowing arrangements by superannuation funds. Improving efficiency during accumulation: Introduce a formal competitive process ...

ATO exec leaves to join consulting firm

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
... consultancy firm McPherson Super Consulting. Stuart Forsyth was involved in drafting the ATO ruling on limited recourse borrowing arrangements for SMSFs and his departure follows the announcement of cost cuts by the government as part of the 2014 Budget. ...

SMSF borrowers should be forced to seek advice: AFA

LAURA MILLAN  |  THURSDAY, 18 SEP 2014
Self-managed super fund (SMSF) trustees who want to enter into a limited recourse borrowing arrangement should be forced to seek financial advice, the Association of Financial Advisers (AFA) said. In its submission to the Financial System Inquiry (FSI) ...

SMSFs want access to infrastructure and corporate bonds

JAMES FERNYHOUGH  |  MONDAY, 14 APR 2014
... regulatory regime against calls that SMSFs should be prudentially regulated. The submission also touched on limited recourse borrowing arrangements (LRBAs). While SPAA argued that there was no intrinsic problem with the way SMSFs use LRBAs, it did express ...

Thinktank launches LRBA loan service

JAMES FERNYHOUGH  |  WEDNESDAY, 2 APR 2014
Property loan specialist Thinktank has launched a limited recourse borrowing arrangement (LRBA) loan for self-managed super funds (SMSFs). The Thinktank SMSF Commercial Loan offers loan-to-value ratios of up to 75% and 25 year repayment terms. The maximum ...

Sinodinos rules out LRBA review for SMSFs

ALICE URIBE  |  WEDNESDAY, 19 FEB 2014
Assistant Treasurer Arthur Sinodinos has ruled out a full review into limited recourse borrowing arrangements (LRBAs), but emphasised that licensing is necessary. Speaking at the 2014 SPAA SMSF National Conference in Brisbane today, Sinodinos said that ...

SMSF borrowing under control, ATO figures suggest

JAMES FERNYHOUGH  |  TUESDAY, 14 JAN 2014
... the ATO's stats for the September 2013 quarter, the rate of increase at which SMSFs have entered into limited recourse borrowing arrangements (LRBAs) was comparable to that of previous quarters, even though the Reserve Bank of Australia (RBA) cut the ...

La Trobe launches SMSF loan product

MARK SMITH  |  MONDAY, 11 NOV 2013
... clients' needs." La Trobe Financial's senior vice president and chief investment officer Paul Wells said. Limited recourse borrowing arrangements within SMFS have grown in popularity since they were allowed by a 2007 government rule change. La Trobe ...

Xpress Super adds direct property to SMSF platform

JAMES FERNYHOUGH  |  TUESDAY, 27 AUG 2013
... added direct property to its suite of investments. The new option will allow SMSF trustees to access limited recourse borrowing arrangements (LRBAs) through two lenders, St George Bank and Macquarie Bank. Xpress Super will provide the tax and accounting ...

SMSF contributions down 25%, AMP survey finds

JAMES FERNYHOUGH  |  MONDAY, 19 AUG 2013
... Investment in property meanwhile stayed at much the same level. However, the number of funds using limited recourse borrowing arrangements (LBRAs) fell slightly to 15.4%.