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| | | The SMSF Association has cast doubts over the proposed three-year audit cycle for some self-managed super funds, stating the change may "undermine" the integrity of the sector. SMSFA chief executive John Maroney said the shift to three-year audits would ... |
| | | | ... by contributions. The retail segment received $7 billion less in contributions compared to FY17. Self-managed super fund (SMSF) assets reached $749.9 billion, growing 6.4% year on year. Overall, the rate of growth for super assets was lower than the ... |
| | | | ... allocation often adopted by those with self-managed super funds. According to the latest Rainmaker Advantage report, ATO data for SMSF asset profiles found large SMSFs have growth asset weights which average 64%. However for smaller SMSFs, these drop ... |
| | | | ... management fell from $4.7 billion in December 2017 to $4.4 billion in June 2018. This follows from its April 2018 exit of the SMSF admin business. Platform services' core revenue was up 23%, excluding divestments. OneVue platform service's net flows ... |
| | | | ... allocation strategies and will continue to remain conservative. Rainmaker's March 2018 Advantage report using APRA data shows SMSF investors as a group - including those in pre-retirement accumulation phase - are "surprisingly conservative." The Productivity ... |
| | | | ... include a session on how to set up a private label managed accounts solution; how managed accounts technology can support an SMSF strategy; and how asset allocation decisions are implemented within a managed account framework. The one-day forum kicks ... |
| | | | A freshly-minted BetaShares ETF has snagged a major investment from an Australian institutional investor, swelling to about four times its size in a single day. In an investment executed last week, an unnamed institutional investor placed $114 million ... |
| | | | The interest rate paid by banks on short-term deposits in superannuation fund accounts is significantly lower than similar deposits made by SMSFs, and new research estimates as much as $1 billion is being lost in potential retirement savings. According ... |
| | | | A new listed investment trust is offering SMSF investors an opportunity to invest in high-yield bonds, with an annual net distribution north of 5%. The Neuberger Berman Global Corporate Income Trust will hold about 300 high-yield securities, with the ... |
| | | | ... acquisitions, franchised planners, white label/badged platform clients and funds distribution. It is also looking to build SMSF administration capabilities. The group also said regulatory reform and change in industry dynamics looks set to present enhanced ... |
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