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Showing 801 - 810 of 1383 results for "SMSFs"

SMSFs stung by $1M property Ponzi scheme

LAURA MILLAN  |  FRIDAY, 18 JUL 2014
... development. To obtain funds for the property development projects he allegedly persuaded investors to refinance their homes and SMSFs. Patrick is also accused of persuading investors to take out additional loans or credit cards. ASIC allege the funds ...

New Investors Mutual LIC gets rating and platform approval

MARK SMITH  |  THURSDAY, 17 JUL 2014
... and Zenith. The company said the inclusion in leading dealer group's approved product lists would improve access and allow SMSFs, HNW individuals and their advisers to incorporate QVE into their portfolios. QVE has also been awarded a 'Highly Recommended' ...

ASIC concerned about SMSFs, warns spruikers

LAURA MILLAN  |  THURSDAY, 17 JUL 2014
... that they need a license to operate. The regulator "issued a warning that any real estate agents recommending investors use SMSFs to invest in property must ensure they are appropriately licensed to provide the advice," ASIC commissioner Greg Tanzer ...

SMSFs get off lightly in FSI interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... System Inquiry (FSI), recommendations made in the interim report suggest. The FSI interim report dedicated a short section to SMSFs, in which the main issue was the possible introduction of a threshold below which an SMSF cannot be set up. The report ...

FSI zeroes in on vertical advice and retirement income

LAURA MILLAN, JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
... become that nation's sole default super provider for a fixed term at the best price. On leveraging, it focused mainly on SMSFs, and considered re-introducing a general prohibition on direct leverage. On the stability of policy, the report questioned ...

Calastone launches automated reporting tool

LAURA MILLAN  |  MONDAY, 14 JUL 2014
... December. The new tool will automate distribution and communications between accountants managing self-managed super funds (SMSFs) and Calastone users such as funds, platforms and custodians. From June 30, 2015, the distribution tax components will be ...

ASX mFunds FUM already ahead of ETFs

ALEX DUNNIN  |  FRIDAY, 11 JUL 2014
... Andrew Keevers, Rainmaker director of research and product development. "If directly invested Australian shares held in SMSFs are added to this tally of direct retail managed investments, the segment balloons by more than $200 billion," said Keevers. ...

HOSTPLUS nearly ready for SMSF infra investments

JAMES FERNYHOUGH  |  WEDNESDAY, 9 JUL 2014
HOSTPLUS' infrastructure investment option for self-managed superannuation funds (SMSFs) is ready to go, pending the approval of the Australian Prudential Regulation Authority (APRA), the fund's chief investment officer Sam Sicilia has said. The option ...

FEATURE: In search of the missing asset class

MARK SMITH  |  FRIDAY, 4 JUL 2014
... by the Australian Bankers Association (ABA) in one of its two submissions to the Financial System Inquiry (FSI) show that SMSFs have just 1% in Australian fixed interest and even less in international bonds. NAB executive general manager for debt markets ...

Citi develops white label banking for industry funds

JAMES FERNYHOUGH  |  FRIDAY, 4 JUL 2014
... banking services for industry super funds as a way of stemming the outflow to retail funds and self-managed super funds (SMSFs), Financial Standard can reveal. In what could prove a lifeline to industry funds in the battle to retain members, the service ...