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Showing 51 - 60 of 151 results for "SMSF Professional"

Appleyard defends free SMSF service

JAMES FERNYHOUGH  |  THURSDAY, 23 JAN 2014
CleverSuper head Chris Appleyard has defended his organisation's plans to launch a "free self-managed super fund [SMSF] service for every Australian." Yesterday Financial Standard reported that the SMSF Professionals' Association of Australia (SPAA) ...

SPAA questions 'free lunch' SMSF service

JAMES FERNYHOUGH  |  WEDNESDAY, 22 JAN 2014
Free self-managed super fund (SMSF) start-up services may have hidden costs and catches, according the Graeme Colley of the SMSF Professionals' Association of Australia. SPAA's criticism comes after news that Clever Super intends to launch its free ...

New ATO powers to decrease SMSF 'delinquency'

JAMES FERNYHOUGH  |  TUESDAY, 21 JAN 2014
Plans to increase the power of the Australian Taxation Office (ATO) to penalise self-managed superannuation funds (SMSFs) on a sliding scale will provide a more nuanced way of penalising 'delinquent trustees', according to Superannuation Australia's ...

Westpac trumpets infrastructure's 'annuity style' potential

JAMES FERNYHOUGH  |  WEDNESDAY, 15 JAN 2014
Increased investment in infrastructure by superannuation funds would provide retirees with a much-needed "annuity-style" income stream, according to Westpac Group. In a submission to the Productivity Commission's Public Infrastructure Inquiry, the bank ...

SMSF borrowing under control, ATO figures suggest

JAMES FERNYHOUGH  |  TUESDAY, 14 JAN 2014
Fears that low interest rates are encouraging self-managed super funds (SMSFs) to over-borrow to invest in real estate appear to be overblown, according to figures released by the Australian Taxation Office. According to the ATO's stats for the September ...

SPAA defends status quo on SMSF regulation

JAMES FERNYHOUGH  |  TUESDAY, 10 DEC 2013
The self-managed superannuation super (SMSF) sector is not being poorly regulated, according to SMSF Professionals' Association of Australia (SPAA) chief executive Andrea Slattery. Slattery's comments came in response to a recent survey in which around ...

75,000 SMSFs non-compliant: ATO

LAURA MILLAN  |  TUESDAY, 8 OCT 2013
The Australian Taxation Office has admitted that as many as 75,000 SMSFs totaling assets up to $50 billion could be breaking the rules, leading some in the industry to suggest that the sector should be subject to tighter regulation. Last month Australian ...

Abbott sticks to his promise on SMSF regulation

LAURA MILLAN  |  FRIDAY, 27 SEP 2013
Prime Minister Tony Abbott has made clear that he isn't planning to make changes to the self-managed super fund (SMSF) sector even after the Reserve Bank of Australia (RBA) red flagged DIY investors' property exposure. "What we said was that there would ...

Super likely to fall under Treasury

LAURA MILLAN  |  TUESDAY, 17 SEP 2013
Superannuation and financial services will likely fall under the Treasury portfolio, a decision that industry bodies have welcomed. Joe Hockey as Treasurer and Arthur Sinodinos as Assistant Treasurer are likely to oversee the superannuation and financial ...

Industry agrees: SMSFs are not for everyone

LAURA MILLAN  |  TUESDAY, 17 SEP 2013
Industry bodies have welcomed the Australian Securities and Investments Commission (ASIC) consultation paper asking for better regulation for establishing and advising self-managed superannuation funds (SMSF). "The announcement by ASIC today is consistent ...