Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 100+ results for "SMSFs"

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... offering in the required three days. Since October 1, APRA regulated super funds have been required to transfer members to SMSFs within three business of the member making a request. Head of Stake Super Kris Kitto said over the last seven weeks Stake ...

COVID-19 relief for SMSFs may require specialist input

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... confirmed it will extend relief measures granted for the 2019-20 and 2020-21 financial years to this financial year." To assist SMSFs, the association has highlighted five key areas of relief that SMSFs should factor into this year's superannuation ...

Bond scam defrauds SMSFs $2.8m

KARREN VERGARA  |  MONDAY, 15 NOV 2021
... investors as a fixed bond investment, according to New South Wales Police. Many of the investors included retirees and operated SMSFs. Detectives from Kings Cross Police Area Command established Strike Force Tallagandra in March to investigate reports ...

Millennials fastest growing SMSF cohort

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
... Eric Blewitt theorised that young people are becoming more aware of super due to the regulatory focus on the industry. "SMSFs have traditionally been the domain of those with higher fund balances and those approaching the decumulation phase," he said. ...

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... Gold Coast-based directors Aryn Hala and Heidi Walters. Hala allegedly told investors that he can help them invest their SMSFs and then loan that money to A One Multi and earn annual investment returns of over 20%. ASIC claims that between 1 January ...

Advisers query super changes

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... their retirement 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 ...

Shaw and Partners awards tech mandate

ANNABELLE DICKSON  |  MONDAY, 11 OCT 2021
... solution has resulted in accelerating registration and enabling electronic identity verification for individuals, companies and SMSFs across execution, general advice, sophisticated and professional investors. "We are delighted to partner with LAB Group ...

New private opportunities fund launches

ELIZABETH MCARTHUR  |  TUESDAY, 5 OCT 2021
... Opportunities Fund will provide exposure to an asset class that can be difficult to access for individual investors and SMSFs," NAOS managing director Sebastian Evans said. "Yet the opportunity set in this sector is great - there are almost 50,000 private ...

SMSFs welcome RIC exemption

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... release of the Retirement Income Covenant exposure draft legislation, SMSF Association chief executive John Maroney said SMSFs raised concerns in the past about providing a retirement income strategy and the implications it will have for the sector. ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
The popularity of self-managed superannuation funds (SMSFs) is on the rise with increased establishments and fewer wind ups in the year to June end, data from the ATO shows. There are currently 597,900 SMSFs with 1.1 million members. Throughout the ...
PREVIOUS
NEXT