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Showing 51 - 60 of 1381 results for "SMSFs"

AFCA urges adviser clarity on SMSF wholesale investor test

KARREN VERGARA  |  MONDAY, 23 JUN 2025
... financial advisers to gain clarity and better understanding on whether the wholesale investor test applies when advising SMSFs. Even if SMSF trustees have extensive investment experience, an SMSF is still regarded as a retail investor if the fund's ...

New SMSF industry body launches

KARREN VERGARA  |  THURSDAY, 19 JUN 2025
... Australia, a role she assumed in early 2025. The council, which comprises 12 experts in the fields of accounting, auditing, SMSFs and fintech, held its first sitting at the Digital Economy Conference this week. The SMSF Innovation Council also includes ...

ASIC takes action on Australian Fiduciaries

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... investment schemes run by Australian Fiduciaries since February 2020, predominantly through their self-managed super funds (SMSFs). Australian Fiduciaries offers the Global Diversified Alpha Fund, Global All Seasons Fund and Global Multi-Strategy Fund. ...

Industry funds feast, retail funds snack, corporate funds freefall

ANDREW MCKEAN  |  THURSDAY, 29 MAY 2025
... funds continued their retreat, shedding $10.3 billion, according to the prudential regulator. Self-managed super funds (SMSFs), meanwhile, banked $26.1 billion, as of 31 March 2025. Industry funds command $1.49 trillion, retail funds hold $798.3 billion ...

New SMSF trustees drive financial advice uptake

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
Trustees of newly established self-managed super funds (SMSFs) are behind a surge in the uptake of financial advice, according to a Vanguard/Investment Trends SMSF report. The report, while showing that adviser influence is growing in new SMSF set-ups ...

Vanguard Super leads in organic growth: KPMG

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
... their market share rising by 1.8% - from 38.2% to 40%. Industry fund growth came at the expense of self-managed super funds (SMSFs), which shrank from 24.5% to 22.7%. Over the past five years, industry funds have "gained significant momentum," KPMG said ...

Former adviser accused of theft loses lengthy extradition fight

JAMIE WILLIAMSON  |  FRIDAY, 16 MAY 2025
... she is alleged to have stolen more than $4.1 million from clients, most of which were receiving advice related to their SMSFs. After Ballast revoked Pearson's authorisation, she moved to New Zealand and voluntarily came back to face ASIC in 2015. ...

Former financial adviser charged in alleged $160k super fraud case

ANDREW MCKEAN  |  FRIDAY, 9 MAY 2025
... Sydney's north-west, accused of hoodwinking five individuals out of over $160,000 from their self-managed super funds (SMSFs). A statement from Police NSW said officers began an investigation after five individuals reported unauthorised access to ...

Industry bodies call for delay to Payday Super

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
... challenging." Other recommendations include: Consulting with the SMSF industry to clarify whether the regime suits the purpose of SMSFs. Extending the window for contributions to be processed and received by super funds from seven calendar days to 10 ...

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... financial advisers who provided template advice to clients to roll over their superannuation into self-managed super funds (SMSFs) and use those funds to purchase property through a related entity, Equiti Property. The Federal Court found that advice ...