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Showing 81 - 90 of 1274 results for %22SMSFs%22

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 ...

SMSFA collaborates with APRA on rollover improvements

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
The SMSF sector has been plagued with delays when rolling over funds from APRA regulated funds to SMSFs, so the industry body is working with the regulator with the hope of improving processes. SMSF Association deputy chief executive and director of ...

New research backs diversified SMSF portfolios

CHLOE WALKER  |  THURSDAY, 21 APR 2022
New research conducted by the SMSF Association and the University of Adelaide confirms self-managed super funds (SMSFs) that have diversified investment portfolios outperform those that do not. The research, based on financial statement data from over ...

Plans to remedy NALI, NALE issues welcomed

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAR 2022
... Australian Tax Office in a recent Law Companion Ruling and the implications of this ruling for both APRA-regulated funds and SMSFs." Non-arm's length expenses (NALE) occur when a self-managed super fund's expenses are less than the amount they would ...

Popularity soars for managed accounts

CHLOE WALKER  |  TUESDAY, 22 MAR 2022
... managed account users say these structures are appropriate for millennials (aged under 35) and self-managed super funds (SMSFs). "When it comes to implementing responsible investing solutions, the vast majority, or 76%, of advisers prefer to do so within ...

Industry funds buoyed by unlisted assets

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
Industry superannuation funds tend to outperform SMSFs and retail funds thanks to their allocation to unlisted assets and by managing investments internally. An Industry Super Australia analysis found that a member who joined an industry fund in 1996 ...

Women own $1.2tn in super: Research

CHLOE WALKER  |  TUESDAY, 8 MAR 2022
... superannuation owned by retirees." Rainmaker's research also found that industry funds boast the most female members, followed by SMSFs and retail funds. Commenting on International Women's Day, LGIAsuper and Energy Super chief executive Kate ...