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Showing 741 - 750 of 2554 results for "SMSF"

NSW adviser banned for 25 years

KANIKA SOOD  |  TUESDAY, 22 JAN 2019
The Federal Court has handed down a 25-year ban to a New South Wales financial adviser and wound up two companies related to him following an ASIC investigation. Starting in 2008, Graeme Walter Miller advised SMSFs and other clients of CFS Private Wealth ...

SMSF returns not accurate in Productivity Commission report

KANIKA SOOD  |  MONDAY, 21 JAN 2019
The Productivity Commission's final report quoted SMSF costs at "close to double" of the actual cost of running SMSFs $500,000 or less in net assets, Class said. In July last year, Class made a submission to the PC saying APRA and ATO used different ...

Young Aussies backing world's biggest brands

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... and international sharemarkets closely and buying shares they know, and investing for the long term," nabtrade director of SMSF and investor behaviour Gemma Dale said. Online trades of international equities soared 38% among Gen Z investors, 32% for ...

Labor reforms to increase welfare dependency

JAMIE WILLIAMSON  |  THURSDAY, 17 JAN 2019
... self-funded retirees. The Alliance has estimated about 1.2 million people will be impacted by the proposal, of which 437,000 are SMSF members. An additional 2000 people in small APRA-regulated funds will also suffer. Ralston said the proposal fails the ...

Former adviser faces Supreme Court

JAMIE WILLIAMSON  |  THURSDAY, 17 JAN 2019
... authorised to provide credit services. While doing so, Gardner recommended clients establish a self-managed superannuation fund (SMSF) to facilitate the purchase of a newly-constructed investment property. He also recommended specific properties for ...

SelfWealth launches ETF

KARREN VERGARA  |  WEDNESDAY, 16 JAN 2019
Online broker SelfWealth will launch a new ETF targeting self-managed super funds. The SelfWealth SMSF Leaders ETF is due to launch on the ASX this financial year and listed under the ticker code SELF. It is pending regulatory ASX approval. ETF Securities ...

Former AMP senior manager joins platform

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JAN 2019
... director on the Powerwrap board, adding close to 40 years' experience in financial services. Hardman is a former head of SMSF strategy and implementation at AMP. She has also served as an executive strategist, consultant and was once operations manager ...

Superannuation reforms splits opinion: Spot poll

KARREN VERGARA  |  MONDAY, 14 JAN 2019
... times over the working life of members and for new entrants to the workforce. The Commission's decision to follow the SMSF Association's recommendations to opt for higher SMSF advice standards and reject the minimum balance approach as the better ...

Minimum SMSF balance misleading: SuperConcepts

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... to be absolutely clear when issuing guidance and potential accountability to professionals about how much money makes an SMSF worthwhile," Fenech said. This would make the minimum member balance $250,000 and more closely reflect the ATO's guidance to ...

Best-in-show splits industry

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
... default system." The Commission said the shortlist shouldn't prevent members choosing any other fund - this includes an SMSF. Neither should enterprise and workplace agreements restrict members' choice, it said. "Any member who does not have ...