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Showing 751 - 760 of 2556 results for "SMSF"

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 ...

Specialist SMSF advisers need only apply

JAMIE WILLIAMSON  |  THURSDAY, 10 JAN 2019
The final report calls for additional requirements that financial advisers must comply with before they provide SMSF advice. The Productivity Commission is again calling for specialist training for those financial advisers wishing to advise on SMSFs ...

FASEA reforms see ASIC register swell

JAMIE WILLIAMSON  |  TUESDAY, 8 JAN 2019
Calls for existing financial advisers to join ASIC's Financial Advisers Register (FAR) were answered in 2018. More than 3300 names were added throughout the year. Rainmaker analysis of the ASIC Financial Advisers Register shows advisers registered ...

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
These are the 2018 Financial Standard stories to have in your back pocket for summer discussions around the barbeque. Shuttering dividend cash loophole to hit SMSFs In March the ALP proposed to eliminate cash refunds from excess dividend imputation ...

Advice associations combine for code monitoring

DARREN SNYDER  |  TUESDAY, 18 DEC 2018
... Boutique Financial Planners (BFP); Financial Services Institute of Australasia (FINSIA); Self-Managed Super Fund Association (SMSF Association); and Stockbrokers and Financial Advisers Association (SAFAA). FPA chief executive Dante De Gori said this ...

FASEA to assess professional advice designations

JAMIE WILLIAMSON  |  THURSDAY, 13 DEC 2018
... professional designation program to submit their curriculum content for approval as soon as practicable, FASEA said. Separately, the SMSF Association is calling on FASEA to legislate a requirement for licensees to automatically approve CPD which is accredited ...

Bentham AM launches mFund

KANIKA SOOD  |  WEDNESDAY, 12 DEC 2018
... is definitely the case that SMSFs are underexposed to credit," Quin says. "I don't think this is an asset class they [SMSF investors] can get rich investing but it gives you a good income with low credit risk at low fees." "MFunds are low cost platform ...

DomaCom raises more capital

HARRISON WORLEY  |  TUESDAY, 11 DEC 2018
Fractional property investment firm DomaCom recently raised about $3 million in capital. After its recent win in the Federal Court, the firm is aiming to capitalise on its success by recapitalising. In a press release this week, the firm said it secured ...

Advisers failing to submit SMSF returns

DARREN SNYDER  |  TUESDAY, 11 DEC 2018
More than 2700 tax practitioners, who are also trustees of their self-managed superannuation fund, have outstanding SMSF annual returns. This latest figure comes from the Tax Practitioners Board as it launches a new compliance strategy. The TPB is calling ...