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Showing 51 - 60 of 2552 results for "SMSF"

First batch of specialist advisers graduate SMSFA program

RIDDHIMA TALWANI  |  FRIDAY, 16 JAN 2026
The SMSF Association has seen the graduation of the first cohort of specialist advisers under its revamped SMSF Specialist Adviser (SSA) accreditation. A total of 37 participants completed the program. Since its inception, more than 2300 professionals ...

AFCA streamlines approach to over 1800 Shield, First Guardian complaints

MATTHEW WAI  |  MONDAY, 22 DEC 2025
... decision is based on a complaint involving the complainant being cold-called to establish a self-managed superannuation fund (SMSF). They were instructed to roll over their existing balance into the SMSF and invest most of it in Shield, as many other ...

RM Capital, SMSF Club to pay $925k over conflicted remuneration

RIDDHIMA TALWANI  |  FRIDAY, 19 DEC 2025
The Federal Court has ordered licensee RM Capital to pay a $575,000 penalty and its authorised representative SMSF Club to pay $350,000 over conflicted remuneration breaches. The penalties follow ASIC succeeding in its case against RM Capital in 2024 ...

Mulino wants PII to step up to make CSLR sustainable

KARREN VERGARA  |  MONDAY, 15 DEC 2025
The professional indemnity insurance (PII) sector will be forced to play a bigger role in making the Compensation Scheme of Last Resort (CSLR) sustainable, Assistant Treasurer Daniel Mulino proposes, as the Opposition slams the scheme for "constantly ...

Mulino looks to reform CSLR

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
After holding a roundtable discussion yesterday, Minister for Financial Services Daniel Mulino says all consumer-facing sub-sectors within the financial services sector, and all 23 retail-facing sub-sectors will foot the $47.3 million CSLR special levy. ...

ASIC takes SMSF auditor to court for continuing work despite ban

RIDDHIMA TALWANI  |  THURSDAY, 27 NOV 2025
ASIC has charged Kristian John Convery for acting as an SMSF auditor even after being permanently disqualified under the Superannuation Industry (Supervision) Act (SIS Act) by the regulator last year. ASIC said that Convery continued to act as an SMSF ...

Superannuation assets jump to $4.5tn: APRA

KARREN VERGARA  |  WEDNESDAY, 26 NOV 2025
... reached $606.9 billion, rising 7% annually. Corporate super funds with $37.5 billion contracted by 28% during the 12 months. SMSF assets grew by $49.7 billion or 5% to nearly $1.1 trillion. There are currently 20 active industry super funds and 40 retail ...

APRA-regulated funds should not pay CSLR special levy: SMC

MATTHEW WAI  |  MONDAY, 24 NOV 2025
... million) - but that doesn't account for First Guardian and Shield. The Financial Advice Association Australia (FAAA) and the SMSF Association have advocated for spreading the special levy to across all Australian Financial Complaints Authority (AFCA) ...

Advisers may be caught by new AML/CTF reforms: Expert

MATTHEW WAI  |  FRIDAY, 21 NOV 2025
... adviser conducting a rebalance on a wrap platform on a client's behalf could also fall under the new order. The FAAA and SMSF Association strongly oppose it, but Derham said the industry will need to wait and see the new developments of the reform ...

SMC makes recommendations to safeguard super

ELIZA BAVIN  |  MONDAY, 17 NOV 2025
... environments. This includes regulating seminar, telemarketing and referral-based tactics that target super switching and SMSF setups under the guise of "education" or "coaching". Second, a joint ASIC-APRA-Treasury review, tasked with strengthening governance ...