Search ResultsShowing 1 - 10 of 100+ results for "SMSF"
SMSFs not for everybody: ASIC
HARRISON WORLEY  |  MONDAY, 14 OCT 2019
... off with a low balance need to be aware that they may not be in a better financial position in the future by holding an SMSF compared with investing in an APRA-regulated fund," Press said. The regulator even pointed to the Productivity Commission's ...
Ralston dumps director roles
HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
... rancorous response to her appointment on the retirement income review panel, Deborah Ralston has formally stepped down from the SMSF Association (SMSFA) and Alliance for a Fairer Retirement System. Previously the chair of the SMSFA and Alliance for a ...
Retirement income under review
HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... pension, voluntary savings (including home ownership) and compulsory super. An independent three person review panel including SMSF Association chair Deborah Ralston will conduct the review. Former International Monetary Fund executive director Michael ...
Advice association merger up to members
HARRISON WORLEY  |  THURSDAY, 29 AUG 2019
... important. "It's not just with the AFA. We've got John Maroney and Sally Loane here in particular, the FSC and the SMSF Association and others. It is in our collective interest to work better together, especially from an advocacy perspective." ...
ASIC bans SMSF business director
HARRISON WORLEY  |  THURSDAY, 22 AUG 2019
ASIC banned the director of a firm allowing people to illegally access their superannuation early to buy a home. The corporate regulator slapped Max David Goldenberg with an eight year ban from providing financial services and engaging in credit activities ...
SMSF Association patron steps down
KRISTI CHENG  |  WEDNESDAY, 21 AUG 2019
The Reverend Tim Costello AO has stepped down as patron of the SMSF Association. Costello assumed the role in August 2017, succeeding former High Court chief justice Sir Anthony Mason. He has resigned for personal reasons. Speaking on behalf of the ...
Association policy lead to join Treasury
ELIZABETH MCARTHUR  |  THURSDAY, 15 AUG 2019
... major industry association has taken a new role with Federal Treasury. Jordan George has been the head of policy at the SMSF Association for seven and a half years. The SMSFA confirmed to Financial Standard that George will step into the role of senior ...
What is holding Aussie robo advisers back?
KANIKA SOOD  |  WEDNESDAY, 14 AUG 2019
... meaning the investments are held in the name of the individual investor. Reflecting this, most are not yet set up to enable SMSF's to use their service," Dunnin said. "Only two of the six provide superannuation advice with the same number able to ...
ATO warns of SMSF concentration risk
KRISTI CHENG  |  WEDNESDAY, 14 AUG 2019
... thousands of SMSFs warning of the risks of being too concentrated. The ATO announced it will be contacting around 17,700 SMSF trustees and auditors at the end of the month who they suspect may be holding 90% or more of their funds in one asset or a single ...
Adviser stole $200k from SMSFs
ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
... from providing financial advice after ASIC's investigation found Michael took loans for himself from four of his clients' SMSF accounts to the tune of $204,000. He used the loans to stave off bankruptcy, pay his children's private school fees and gamble. ...
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