Search Results | Showing 1 - 10 of 133 results for "SMSF members" |
| | | ... failures and misconduct prior to advice and distribution," he said. The joint submission criticised Treasury's focus on SMSF members and retail clients as potential solutions to the funding challenge, arguing managed investment schemes have been largely ... |
| | | | ... Burgess said. He also warned that the proposed attribution rules risk producing arbitrary and unfair outcomes for SMSF members. "Members could be taxed on earnings they have never received - and may never receive," Burgess said. "That includes situations ... |
| | | | ... of investment earnings, which "inexplicably includes unrealised capital gains". Burgess said this would penalise SMSF members for paper profits that may never materialise. "No one disputes Treasury's desire for a fair and equitable superannuation system ... |
| | | | ... consultations were instrumental. "Her influence played a key role in shaping a legislative outcome that will benefit many SMSF members." |
| | | | ... total assets held within self-managed superannuation funds (SMSFs) hit $1.02 trillion at September end. The total SMSF members grew to 1,173,867 in over 630,000 SMSFs, with over 10,200 new entrants in the quarter and 165 exits. Sticking with tradition ... |
| | | | ... access to financial advice." Additionally, the study revealed members aged 75 and over are now the biggest cohort of SMSF members, increasing 1.2% in FY24 and 4.35% across the past five years. Class said this is a result of the age group creating their ... |
| | | | ... by the SMSF Association found the new tax could impact as many as 50,000 SMSFs. It estimated that 13.5% of 722,000 SMSF members would experience liquidity stress in meeting the new tax obligations. While it is a compulsory retirement savings system ... |
| | | | ... QAR extend to qualified accountants who are "essentially locked out of the system" as there are some five million SMSF members who have unmet advice needs that they can tend to. Last year, assistant treasurer Stephen Jones revealed the first two tranches ... |
| | | | ... Adelaide commissioned by the association shows that this proposed tax could have a negative impact on up to 50,000 SMSF members, with the mean additional tax liability exceeding $80,000 in 2020-21 and 2021-22. The University of Adelaide used financial ... |
| | | | ... averages over $80,000 during FY20 and FY22 will experience an impact. According to the report, an estimated 13.5% of SMSF members would have experienced liquidity stress in meeting the new tax obligations. The SMSFA said the research, sourced from over ... |
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