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Showing 891 - 900 of 1821 results for "Managed Super"

ASIC obtains court orders against former Ballast adviser

LAURA MILLAN  |  THURSDAY, 24 JUL 2014
The Federal Court in Perth has issued orders to restrain a former Ballast Financial Management authorised representative from providing financial advice and dealing in financial products. The Australian Securities and Investments Commission (ASIC) obtained ...

Investors vulnerable as property schemes shirk risk disclosure

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
Unlisted property fund managers who fail to adequately disclose risks are placing investors in a vulnerable position according to the Australian Securities and Investments Commission (ASIC). ASIC commissioner Greg Tanzer said a review into the sector's ...

SMSF service industry comes of age: Survey

MARK SMITH  |  TUESDAY, 22 JUL 2014
A newly published survey of the self-managed super fund (SMSF) sector reveals a large, flourishing and enormously diverse industry, with no single business model dominating. Jointly published by the SMSF Professionals' Association of Australia (SPAA) ...

SMSFs stung by $1M property Ponzi scheme

LAURA MILLAN  |  FRIDAY, 18 JUL 2014
... Patrick, a 71-year-old man from Victoria, has been charged for illegally obtaining more than $1 million from self-managed super fund (SMSF) investors to fund property development. Patrick obtained the money from 14 investors between 2007 and 2010 and ...

ASIC concerned about SMSFs, warns spruikers

LAURA MILLAN  |  THURSDAY, 17 JUL 2014
The sharp rise in promoters recommending Australians to use their self-managed super fund (SMSF) to invest in property has led the Australian Securities and Investments Commission (ASIC) to remind property developers that they need a license to operate. ...

SMSFs get off lightly in FSI interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
Self-managed superannuation funds look unlikely to face any major regulatory overhauls as a result of the Financial System Inquiry (FSI), recommendations made in the interim report suggest. The FSI interim report dedicated a short section to SMSFs ...

Calastone launches automated reporting tool

LAURA MILLAN  |  MONDAY, 14 JUL 2014
... information from 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 ...

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 ...

Advice firm chooses MDAs over platforms

LAURA MILLAN  |  TUESDAY, 8 JUL 2014
... 350 clients and $160 million in assets under advice. It currently uses Westpac's Asgard, Macquarie Wrap and self-managed super funds (SMSF) Class Super. Moran Howlett will be transitioning to managedaccounts.com.au, which was recently listed in the Australian ...

Investors Mutual gets in on LIC act

MARK SMITH  |  MONDAY, 7 JUL 2014
... Investors Mutual founder and investment director Anton Tagliaferro hopes will appeal to the growing number of self-managed super fund investors and their advisers. "We want to offer a ready-made portfolio of shares which offers diversification outside ...