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Showing 71 - 80 of 390 results for %22Self-Managed Super Fund Association%22

SMSFA addresses policy hurdles

HARRISON WORLEY  |  THURSDAY, 16 AUG 2018
... advice - a common and dominant theme has been the importance of professionalism, and specialist education when advising on self-managed super funds." Ralston addressed the Productivity Commission's draft report into efficiency in superannuation ...

Are SMSF investors too conservative?

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
The view that self-managed superannuation funds with less than $1 million in assets are likely to underperform APRA-regulated funds says more about SMSF asset allocation then it does for where individual members fit inside Australia's $2.6 trillion ...

SMSFA slams PC draft findings

KARREN VERGARA  |  WEDNESDAY, 25 JUL 2018
The SMSF Association has slammed the Productivity Commission for labelling smaller-sized self-managed super funds as "fundamentally flawed" and for not comparing returns on a level playing field. In its submission to the Productivity Commission's draft ...

ASIC bans Queensland adviser, suspends licence

KANIKA SOOD  |  FRIDAY, 20 JUL 2018
... has put a four-year ban on a Queensland adviser for failing to act in his clients' best interests while providing advice on self-managed superannuation funds. James Cribb allegedly advised in a manner that was likely to benefit his own SMSF administration ...

SuperStream changes consultation opens

HARRISON WORLEY  |  THURSDAY, 19 JUL 2018
Consultation is now open for the Federal Government's draft regulations extending SuperStream to self-managed superannuation fund rollovers. Announced earlier this year, the Government's changes will allow SMSF members to initiate and receive rollovers ...

Industry expert joins SMSFA board

KARREN VERGARA  |  WEDNESDAY, 11 JUL 2018
A self-managed superannuation fund specialist is joining the board of the SMSF Association on September 1. Verante Financial Planning director and financial planner Liam Shorte will replace Andrew Gale, who is stepping down after a six-year tenure. ...

Government cuts SMSF red tape

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
The move by the Turnbull Government to release a discussion paper to change the annual audit cycle for some self-managed superannuation funds to three years has been welcomed by the SMSF Association. Minister for Revenue and Financial Services Kelly ...

ASIC slams SMSF advice, flags further education reform

JAMIE WILLIAMSON  |  FRIDAY, 29 JUN 2018
... education requirements for financial advisers in a damning report showing 90% of financial advice provided in establishing self-managed superannuation funds is non-compliant. Reviewing 250 client files from 102 different AFSLs, ASIC found 91% of files ...

Industry stakeholders welcome PC report

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
... for their lifetime will also address the chronic issue of multiple accounts. Also addressing shortfalls in the $699 billion self-managed super sector, the PC determined the current cost of running an SMSF erodes balances to such an extent that any funds ...

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
... funding landscape, and raises questions with respect to innovation, competitive intensity and diversity." The PC noted the self-managed superannuation fund (SMSF) segment has broadly tracked the long-term investment performance of APRA-regulated funds ...