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Showing 81 - 90 of 1280 results for "SMSFs"

Adviser banned over early release scheme

JAMIE WILLIAMSON  |  WEDNESDAY, 3 AUG 2022
... Adelaide financial adviser received a five-year ban for advising his clients to roll their super into newly established SMSFs to invest in a company he is a director of and then releasing the money to them in the form of a loan. Antonio Simeone is said ...

ETF Securities launches fixed income options

CHLOE WALKER  |  TUESDAY, 5 JUL 2022
... ETF Securities head of product Evan Metcalf added that the investment options are perfect for investors like retirees or SMSFs who are seeking peace of mind, and low risk asset classes. "Fixed income securities play an important role in any investment ...

July 1 super changes: Are you ready?

CASSANDRA BALDINI  |  THURSDAY, 30 JUN 2022
... (Supervision) Act 1993 also takes effect July 1. It imposes a new obligation upon superannuation fund trustees, other than SMSFs, to develop, implement and regularly review a retirement income strategy for members who are retired or are approaching retirement. ...

SMSF client education a concern: Report

JAMIE WILLIAMSON  |  MONDAY, 27 JUN 2022
... SMSF is in the client's best interest is a key pain point that advisers felt are holding them back from setting up more SMSFs," Investment Trends research director Dougal Guild said. "Advisers want to feel better equipped to educate current and prospective ...

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
... said: "The SMSF sector holds an estimated total value of assets of just over $876 billion. Misleading information about SMSFs can greatly impact the sector so it is important that clear and accurate information is provided to those looking to set up ...

Former adviser wins appeal, convictions quashed

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
... in cash, property equities, aquaculture and agriculture, and induced various investors to transfer money - including from SMSFs - into the fund, known as the Australian Diversified Sector Income Fund. It was also alleged he invested some clients' superannuation ...

SMSF assets climb to $892bn

ANDREW MCKEAN  |  FRIDAY, 17 JUN 2022
New quarterly ATO statistics estimate that the total assets of SMSFs are $892 billion, up 11% year on year. More broadly, the total assets of SMSFs have grown by $2.4 billion over a five-year period to the March 2022 quarter. Despite significant asset ...

Younger generations lead the SMSF surge: Vanguard

ANDREW MCKEAN  |  THURSDAY, 16 JUN 2022
... younger, confident and more engaged with their superannuation. The report stated on an average basis, newly established SMSFs have continued to be set up by younger investors at lower balances. Between 2006 and 2014 the average age and balance at the ...

BT answers advisers' top tax time questions

ANDREW MCKEAN  |  WEDNESDAY, 1 JUN 2022
... make extra concessional contributions, without having to pay extra tax." There were fewer adviser enquiries to BT about SMSFs to which the company only said advisers may need to remind SMSF clients of their obligations as a trustee with regards to accepting ...

SMSF establishments on the rise

ELIZABETH MCARTHUR  |  TUESDAY, 26 APR 2022
... the principal contact on new SMSF trading account is down from 67 in 2012 to 59 in 2022. There are also more women with SMSFs now - women accounted for 28% of new advised principal contact SMSF clients, back in 2012 that figure was just 18.5%. In 2019 ...