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Showing 51 - 60 of 75 results for "new SMSF"

Financial planners lose out to accountants on SMSFs

JAMES FERNYHOUGH  |  THURSDAY, 25 JUL 2013
The number of self-managed superannuation funds (SMSFs) using a fully qualified financial planner has declined over the past six years, despite a significant increase in the number of SMSFs, a new report has shown. Much of this potential new business ...

OneVue beefs up team ahead of SMSF service launch

LAURA MILLAN  |  TUESDAY, 18 JUN 2013
... (SMSF) service. OneVue chief executive of strategic relationships Brett Marsh said that the firm planned to release the new SMSF services later this year, following consultation with advisers and accountants. OneVue's adviser solutions team has appointed ...

ATO reveals dip in number of new SMSFs

JAMES FERNYHOUGH  |  TUESDAY, 28 MAY 2013
The growth of self-managed superannuation funds (SMSFs) slowed significantly in the first quarter of 2013, according to figures released by the Australian Tax Office (ATO). Only 5,840 new SMSFs were created in the March quarter, compared with 9,748 ...

MFAA offers new SMSF training programs

JAMES FERNYHOUGH  |  MONDAY, 27 MAY 2013
The Mortgage & Finance Association of Australia (MFAA) will launch three new self-managed superannuation fund (SMSF) training programs for credit advisers. The programs aim to improve participants' understanding of their role in setting up Limited Recourse ...

Wealthtrac launches cloud-based SMSF platform

MARK SMITH  |  FRIDAY, 5 APR 2013
... post FoFA, with issues such as fees, compliance, and process automation being at the top of the list. We believe our new SMSF certainly meets their needs in these respects," Johnson said. Other features include tax and compliance reporting and mobile ...

Some auditors won't be counted

BEN COLLINS  |  FRIDAY, 15 FEB 2013
... intended to raise standards and there might be people who don't meet these standards," he said. He also said that the new SMSF auditor regime, which had so far received 1350 applications, was expected to receive a total of around 6000 submissions from ...

CBA to snare DIY investors with MyWealth platform

MARK SMITH  |  THURSDAY, 7 FEB 2013
... fast-growing and highly lucrative self-managed super fund (SMSF) market. According to the latest ATO figures, there are four new SMSF funds established every single hour. With around $484 billion in assets within SMSFs, according to the latest figures ...

Four new SMSFs every hour

ALEX DUNNIN  |  WEDNESDAY, 6 FEB 2013
... segment is that much of this frenetic interest in SMSFs is being driven by gen-X and gen-Y investors who now make up 71% of new SMSF members - even though people aged 55 years or older still make up 61% of all SMSF members. While 13% of households have ...

SMSF growth highest in five years

MARK STORY  |  FRIDAY, 14 DEC 2012
The number of new SMSF funds established for the 2011/12 year was 36,270, the highest in five years and the second highest ever, according to the latest ATO update. The number of windups for the same period was 994, the lowest ever by nearly 4,000. ...

Discretion strictly case-by-case in new SMSF audit scheme

BEN COLLINS  |  MONDAY, 24 SEP 2012
Discretion will be applied on a strictly case-by-case basis, for accountants registering with the Australian Securities & Investments Commission's self managed super fund auditor program. Requirements such as tertiary qualifications, an exam and other ...