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Showing 51 - 60 of 269 results for "SMSF sector"

SMSFA welcomes ATO adjustments

CHLOE WALKER  |  THURSDAY, 24 FEB 2022
... been widely acknowledged that the ATO's calculation methodology used to calculate median investment returns for the SMSF sector underestimates the true performance of SMSFs relative to the APRA sector," SMSF Association chief executive John Maroney said. ...

SMSF sector grows 11%: ATO stats

JAMIE WILLIAMSON  |  TUESDAY, 22 FEB 2022
The latest annual figures from the ATO show the SMSF sector bounced back from the horrors of COVID-19 to add $80 billion in the year to 30 June 2021. Releasing data today, the ATO said total assets in SMSFs hit $822 billion at 30 June 2021. This is ...

SMSF Association appoints chair

CHLOE WALKER  |  FRIDAY, 18 FEB 2022
... in the footsteps of Hamilton. "For the association to have someone with three decades of active involvement in the SMSF sector, whether it be establishing and building the SMSF provider Cavendish Superannuation, managing director of AMP SMSF administration ...

ATO underestimates SMSF performance: Report

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
... under-diversified funds, offers a promising way forward for lifting standards and improving headline performance outcomes for the SMSF sector overall." "We're very excited to be launching this research alongside the University of Adelaide," SMSF deputy ...

Blue Crane Capital launches fintech tool for SMSFs

CHLOE WALKER  |  WEDNESDAY, 9 FEB 2022
... re-enter SMSF lending. According to Blue Crane Capital, SMSFr8 was created in response to its observation that the SMSF sector could grow in response to changes to the Superannuation Industry (Supervision) Act (SIS Act) in July 2021. Under the changes ...

ETF use grows in SMSFs

ANNABELLE DICKSON  |  THURSDAY, 2 SEP 2021
... worked through the impacts of COVID-19 on our industry, we knew that this was the time to examine deep inside the SMSF sector to look for the emergence of trends," Class chief executive Andrew Russell said. "It has been interesting to see how resilient ...

ASIC disqualifies SMSF auditor

ANNABELLE DICKSON  |  WEDNESDAY, 30 JUN 2021
... monitor SMSF auditor conduct and then refer matters to ASIC for further action. "SMSF auditors are fundamental to the SMSF sector and must meet minimum standards of behaviour to ensure they act and are seen to act with integrity and objectivity," ASIC ...

ASIC zeroes in on bad SMSF advice, conduct

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... link that several key projects are progressing to address the poor advice and behaviours that remain active in the SMSF sector. The watchdog is taking the appropriate actions against any misleading information provided to consumers, Press said, making ...

SMSFs primed for best financial interests duty

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
... Burgess told the association's first day of its National Conference this morning that the reform is something the SMSF sector should have no concern about. "SMSFs have always been held to a very high standard when it comes to the sole purpose test ...

ASIC takes fintech to court

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
... months later, ASIC commenced its investigation. "The provision of misleading information about SMSFs undermines the SMSF sector and limits the ability of Australian consumers to make confident and informed decisions about their superannuation savings," ...