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

Search Results

Showing 841 - 850 of 2554 results for "SMSF"

MySuper approaches $650 billion

DARREN SNYDER  |  TUESDAY, 26 JUN 2018
At a time when default superannuation is under the Productivity Commission spotlight, it is important to recognise MySuper now represents one-quarter of Australia's $2.6 trillion super system - and it's growing fast. Latest Rainmaker analysis ...

Sequoia sells direct equities business

ALEX BURKE  |  FRIDAY, 22 JUN 2018
... Fund's client base and employed its founding director Mark Phillips as head accountant to the companies' numerous SMSF administration businesses.

Multi-disciplinary industry trend continues: CBA

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
... dropped by 4% year-on-year. The commencement of licensing restrictions on 1 July 2016 meant accountants could no longer provide SMSF-related services without applying for a limited AFSL or becoming an authorised representative of an existing AFSL. Interestingly ...

Super industry critiques PC draft report

KARREN VERGARA AND STEPHEN FAY  |  WEDNESDAY, 20 JUN 2018
... and highlighted the historical evidence of advisers continually putting clients in poor performing funds - whether it be in SMSF or in products for the institutions they are aligned to. She recommended that the PC develop a detailed operational plan ...

Class streamlines investment solution

KARREN VERGARA  |  FRIDAY, 15 JUN 2018
... 2017-18 financial year approaches, Class warned advisers and accountants not to overlook the "double-whammy deadline" for both SMSF Returns and the start of Transfer Balance Account Reporting (TBAR). Despite the extension to SMSF annual return lodgement ...

Fidante eyes actively managed ETFs

KANIKA SOOD  |  THURSDAY, 14 JUN 2018
The $57 billion multi-boutique asset manager will launch a series of actively managed exchange-traded funds, starting with an actively managed fixed income ETF that it says will be the first of its kind in the Australian market. The ActiveX series is ...

SMSF cash balances not ballooning: BGL

KANIKA SOOD  |  WEDNESDAY, 13 JUN 2018
SMSF cash balances have increased in the past year but are not at an all-time high as is often suggested, according to latest research from BGL Corporate Solutions. BGL found cash balances increased 3.35% on 31 March 2018 as compared to a year earlier. ...

Industry fund calls for tougher SMSF rules

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
... highlighted the poor performance of SMSFs with lower balances as unsustainable and posing a major risk to members. The PC noted the SMSF sector has broadly tracked the long-term investment performance of APRA-regulated funds, on average. However, smaller ...

BTFG boss backs PC super proposals

KANIKA SOOD  |  THURSDAY, 7 JUN 2018
BT Financial Group supports key recommendations of the Productivity Commission's most recent superannuation report, saying the Westpac-owned business would welcome moving away from an "open market" MySuper model. BTFG chief executive Brad Cooper ...

SMSFs missing out on returns

KANIKA SOOD  |  WEDNESDAY, 6 JUN 2018
The SMSF sector, which has traditionally shied from growth assets, underperformed default MySuper investment strategies by 1.2 percentage points in the 12 months to April 2018. The average SMSF returned 6.6% before fees and tax, while the average default ...