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Showing 1 - 10 of 100+ results for "SMSF trustees"

Financial watchdog warns on crypto

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... switch from retail and industry superannuation funds to SMSFs so that they can "invest in a high return portfolio". SMSF trustees are also being targeted to invest in crypto assets. Australians who decide to self-manage their super, ASIC said, should ...

Advisers query super changes

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... savings back to where they were." Further to this, advisers wanted to know details of COVID-19 relief for SMSFs. SMSF trustees and related parties who have been unable to return to Australia due to travel restrictions will not see their fund's residency ...

SMSFs welcome RIC exemption

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... have for the sector. It meant additional cost, red tape, and unintended consequences arising from a requirement for SMSF trustees to formulate a retirement, he said. APRA-regulated funds must provide a strategy that considers several risks: longevity ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
... 31% of SMSFs invest in managed funds while around 28% invest in ETFs. Further to this, ETFs are most popular in SMSF trustees aged 25 years old and under.

ETF use grows in SMSFs

ANNABELLE DICKSON  |  THURSDAY, 2 SEP 2021
... 31% of SMSFs invest in managed funds while around 28% invest in ETFs. Further to this, ETFs are most popular in SMSF trustees aged 25 years old and under. The report also found that SMSFs accounted for only 1% (or 22,000 SMSFs) of early withdrawal applications ...

SMSF fraudster loses appeal

ANNABELLE DICKSON  |  FRIDAY, 23 JUL 2021
... said in a statement. Gore was first arrested in April 2017 and charged with fraud after he obtained $800,000 from SMSF trustees between 2013 and 2014. Through his role at Arion Financial, Gore presented investors with information that they could invest ...

ATO warns of new SMSF scheme

ELIZA BAVIN  |  MONDAY, 15 MAR 2021
The Australian Taxation Office (ATO) has warned SMSF trustees of a new scheme it has uncovered that aims to avoid paying potential tax liabilities. The ATO said while it is important to plan for retirement and look for ways to maximise retirement assets ...

HUB24, Netwealth top platform rankings

JAMIE WILLIAMSON  |  MONDAY, 22 FEB 2021
... competition, with HUB24's HUBConnect making strides to improve their client app experience, while BT Panorama are providing SMSF trustees with a view of their external assets from their connected accounting software," Investment Trends said. Choi said ...

Hume advocates for affordable advice

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... is lengthy, costly and prioritises compliance and the needs of AFSLs over consumers." Current regulation prevents SMSF trustees obtaining the limited SMSF advice they require. "We believe every effort should be made to implement ideas and changes, even ...

SMSF fraudster charged

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... investors. Craig Kirrin Gore was first arrested in April 2017 and charged with fraud after he obtained $800,000 from SMSF trustees between 2013 and 2014. Through his role at Arion Financial, Gore presented investors with information that they could invest ...
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