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Search ResultsShowing 1 - 10 of 100+ results for "SMSF Association"
Adviser levy to increase by 160%
ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... Zealand, CPA Australia, Financial Planning Association of Australia, Institute of Public Accountants and the SMSF Association have now joined forces to slam the hike. They claim the steep increase - during a time when the financial advice sector is losing ...
Retirement income framework on track: Frydenberg
KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... income depends on how the industry communicates with the public. Callaghan appeared alongside Kay and former SMSF Association chair Deborah Ralston, saying that the industry trades off the public's fears of not having enough money in retirement ...
SMSFs given small LRBA win
KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... been capitalised because of COVID-19. This recent announcement by the Australian Tax Office was welcomed by the SMSF Association. SMSFA deputy chief executive and director of policy and education Peter Burgess said the option of capitalising interest ...
ASIC zeroes in on bad SMSF advice, conduct
KARREN VERGARA  |  TUESDAY, 23 FEB 2021
The corporate regulator continues to hunt down perpetrators that give bad advice to self-managed super funds, sounding a warning that it is flexing its new powers in superannuation. ASIC commissioner Danielle Press told the recent SMSF Association's ...
SMSFs primed for best financial interests duty
KARREN VERGARA  |  TUESDAY, 16 FEB 2021
... ahead of the game in terms of meeting the looming best financial interest rules, according to its peak body. SMSF Association deputy chief and director of policy and education Peter Burgess told the association's first day of its National Conference ...
Hume advocates for affordable advice
KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... way Australians could maximise their income in retirement." After consulting members and in response to CP332, SMSF Association chief executive John Maroney said: "[We] found that the advice process is lengthy, costly and prioritises compliance and the ...
Legacy pensions score win
KARREN VERGARA  |  WEDNESDAY, 13 JAN 2021
The SMSF Association has welcomed a new law that will allow the partial commutation of legacy pensions. The change was announced in the federal government's mid-year economic and fiscal outlook (MYEFO), which was released last December. Retirees with ...
SMSFs are cost-effective, deliver for members
KARREN VERGARA  |  MONDAY, 23 NOV 2020
... are giving retail and industry funds a run for their money in terms of fees and returns. Joint research by the SMSF Association and Rice Warner found SMSFs with $200,000 or more are cost competitive with both industry and retail super funds. Balances ...
Treasury expected to release retirement review
KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... three-person panel of Treasury veteran Mike Callaghan, former Future Fund board member and banker Carolyn Kay and former SMSF Association chair Deborah Ralston produced the 600-page report. Their job was not to make any recommendations (akin to the Royal ...
Vanguard to cull institutional mandates
KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... gotten an APRA licence. Vanguard's head of corporate affairs Robin Bowerman was appointed the chair of the SMSF Association in October 2019 but moved to deputy chair in February. In exchange traded funds (ETFs), Vanguard holds a 31% share with roughly ...
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