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Showing 921 - 930 of 4973 results for "Limit"

SMSF sector grows 11%: ATO stats

JAMIE WILLIAMSON  |  TUESDAY, 22 FEB 2022
The latest annual figures from the ATO show the SMSF sector bounced back from the horrors of COVID-19 to add $80 billion in the year to 30 June 2021. Releasing data today, the ATO said total assets in SMSFs hit $822 billion at 30 June 2021. This is ...

Charter Hall snags another Bunnings

CHLOE WALKER  |  TUESDAY, 22 FEB 2022
Charter Hall Group has acquired its 66 th Bunnings warehouse, located in South Nowra. The property was purchased by the fund manager for $65.3 million, with an attractive net lease of 12 years and an initial passing yield of 4.0%. With a prominent 240 ...

Sudden departure for CountPlus chief

KARREN VERGARA  |  THURSDAY, 17 FEB 2022
The chief executive of ASX-listed CountPlus has abruptly stepped down three months after he was reappointed to the post. Matthew Rowe, who also serves as managing director, exits on February 24. Chief financial officer Laurent Toussaint assumes the ...

CSLR will not fully protect investors

KARREN VERGARA  |  WEDNESDAY, 16 FEB 2022
... determination from AFCA deserve access to compensation if their determination goes unpaid. In its current form, the model will limit consumer access to the scheme - leaving Australians unprotected if they invest in products such as managed investment ...

ATO underestimates SMSF performance: Report

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
A new report from the Self-Managed Superannuation Fund Association (SMSFA) and the University of Adelaide has found the Australian Taxation Office is increasingly underestimating the performance of SMSFs. The SMSFA and the University of Adelaide's International ...

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
... responsible to their shareholders. Restricting the ability of certain investors to access advice in the lead up to a vote could limit their ability to exercise their oversight powers."

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
Two long-awaited reforms, the Retirement Income Covenant and Corporate Collective Investment Vehicle regime, passed parliament yesterday. Superannuation funds will have to provide a retirement income strategy for members to assist them in their later ...

AFA responds to Quality of Advice Review

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
The Association of Financial Advisers hopes that the upcoming industry review will listen to the voices of clients and overhaul the advice process. In its submission to the draft terms of reference for the Quality of Advice Review, the AFA is calling ...

Blue Crane Capital launches fintech tool for SMSFs

CHLOE WALKER  |  WEDNESDAY, 9 FEB 2022
... (Supervision) Act (SIS Act) in July 2021. Under the changes, SMSFs can now have up to six trustees instead of the previous limit of four. Blue Crane Capital managing director Chris Hall said that SMSFr8 was built to empower SMSF borrowers and "deliver ...

Magellan funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
After Magellan co-founder Hamish Douglass announced he would take extended medical leave, the company's share price dove and its fund ratings are under review. Morningstar said all of Magellan's global and high conviction funds are under review due ...