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Showing 851 - 860 of 1390 results for "SMSFS"

Parliament passes more nuanced SMSF penalties

JAMES FERNYHOUGH  |  THURSDAY, 13 MAR 2014
... been passed giving the Australian Taxation Office (ATO) more varied powers to penalise self-managed superannuation funds (SMSFs) that fail to comply. Previously the ATO had limited options in dealing with non-compliant SMSF trustees, often having to ...

SPAA calls for reduction in SMSF levy

JAMES FERNYHOUGH  |  MONDAY, 10 MAR 2014
The Australian Taxation Office's (ATOs) annual levy on self-managed superannuation funds (SMSFs) should be reduced in the May budget, according to the SMSF Professionals' Association of Australia (SPAA). SPAA's senior manager, technical and policy ...

New laws target promoters of early release schemes

JAMES FERNYHOUGH  |  FRIDAY, 7 MAR 2014
... accessing their superannuation before the preservation age, often involving the improper use of self-managed super funds (SMSFs). While the Superannuation Industry (Supervision) (SIS) Act already stipulates when early release of funds is and is not legal ...

OneVue rules out further acquisitions in run up to IPO

ALICE URIBE  |  THURSDAY, 6 MAR 2014
... sector play so we want to be part of all three high growth areas of the superannuation market. We've spent a lot of time on SMSFs and we have member based digital solutions and then we were missing retail superannuation, so we decided to go get that. ...

ATO doing a good job on SMSFs: Cooper

JAMES FERNYHOUGH  |  FRIDAY, 21 FEB 2014
... vigilant". "The big thing that most people don't realise is that in the last little while the ATO who are the regulator of SMSFs has become a lot more vigilant," he told Financial Standard. "So now if you don't lodge your return or they don't like the ...

ASIC: no plans for SMSF balance threshold

ALICE URIBE  |  FRIDAY, 21 FEB 2014
... balance of $100,000 you can't advise them as an SMSF," he said. Despite this, Tanzer said that there were inherent risks for SMSFs with sub-$100,000 balances. "We want fact based, research based guidance. Want people to understand that if you are purely ...

Sinodinos rules out LRBA review for SMSFs

ALICE URIBE  |  WEDNESDAY, 19 FEB 2014
... they do need to be licensed for this." "I want to be very clear, there is no separate review of that underway." Currently SMSFs can use the borrowed money to purchase a single asset, or a collection of identical assets that have the same market value. ...

Strong demand for online education: Wealth Know How

HARRY PAGE  |  FRIDAY, 14 FEB 2014
... all stages of their financial education and will include videos covering topics such as self-managed superannuation funds (SMSFs), fixed interest, shares and managed funds. Veteran personal finance journalist Dunn will present the first four series of ...

Industry funds oppose bachelor degree for general advisers

LAURA MILLAN  |  TUESDAY, 11 FEB 2014
... expansion," the document said. The submission also stated that "the knowledge requirements for self-managed superannuation funds (SMSFs) are different enough from APRA-regulated superannuation funds to require a new specialist knowledge section."

Latest Financial Standard issue available on the iPad app

JAMES FERNYHOUGH  |  MONDAY, 10 FEB 2014
... self-managed super funds, are staying true to this asset class despite record low interest rates. Sticking to the topic of SMSFs, our front page story looks at the opportunities for and barriers against this ever-growing pool of assets to invest in infrastructure. ...