Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 701 - 710 of 2554 results for "SMSF"

Industry funds eye SMSF market stronghold

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... annual Super Insights report suggests by 2029, industry funds will have more than $2 trillion in assets and will topple the SMSF sector's foothold of the superannuation asset pool as early as FY20. Retail funds meanwhile will continue to lag in terms ...

FSU seeks transparency on CBA job cuts

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... our strategy to become a simpler, better bank." Financial Standard also understands changes are taking place in CBA's SMSF business. CBA said in a statement that its subsidiary CommSec "is making some changes to help us better serve our customers' ...

$1.5bn pulled from Pendal

KARREN VERGARA  |  FRIDAY, 12 APR 2019
Westpac is pulling $1.5 billion of funds under management from Pendal Group over April as it consolidates its superannuation offerings. Pendal's management fee margin will be impacted by 0.31%, predominantly coming from multi-asset funds under management ...

Founder leaves SMSF Association

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
The inaugural chief executive and one of the founding members of the SMSF Association is leaving its board. Andrea Slattery has announced she is stepping down from her role as a non-executive director on the SMSF Association board, effective April 18. ...

Clime taps retail market

KARREN VERGARA  |  THURSDAY, 11 APR 2019
... Rod Bristow said: "It's becoming quite evident that self-directed investors, and especially self-managed super fund (SMSF) trustees, want ease of access to professional investment managers, and that is what the OpenInvest platform offers." OpenInvest ...

Dealer group acquires bank advice business

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2019
... complexity wherever possible within our business." Bendigo and Adelaide Bank has also offloaded its specialist Geelong West SMSF business. The buyer is Business & Wealth Advisors, one of Geelong's largest locally-owned accounting and financial advice ...

SMSFs outshine industry funds for large balances

KARREN VERGARA  |  TUESDAY, 9 APR 2019
Industry superannuation fund satisfaction outranks retail funds in all categories, but failed to beat self-managed super funds when it comes to larger balances. This is according to Roy Morgan's latest Superannuation Satisfaction Report which found ...

New SMSF admin platform launches

KARREN VERGARA  |  TUESDAY, 9 APR 2019
A new one-stop-shop SMSF solution that aims to help financial advisers keep on top of administrative and regulatory burdens has launched. Practical Systems Super meets the needs of small accounting and advice firms by providing services such as fund ...

AMP overhauls wealth leadership

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
... continue driving innovations for our customers. "This is a talented group at the forefront of driving favourable outcomes for SMSF trustees, and I look forward to continuing the outstanding work we are known for in our sector," she said. Adrian Urquhart ...

Major advice licensee in possible best interest breach

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
... financial advice licensees following an investigation sparked by phenomenal growth in adviser numbers in just six months. SMSF Advisers Network has had additional licence conditions imposed after ASIC surveillance spurred concerns the licensee had inadequate ...