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Showing 1 - 10 of 39 results for "small APRA"

Treasury opens Div 296 tax regulation consultation

KARREN VERGARA  |  WEDNESDAY, 18 MAR 2026
... one of the most important features of the regulations for members of small superannuation funds, such as SMSFs and small APRA funds, is how the Division 296 fund earnings would be divided up between each member interest or each member account. While ...

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
... meeting APRA's product sustainability expectations across both individual and group insurance business." The levies for Small APRA Funds (SAFs) and Single Member Approved Deposit Funds (SMADFs) - a flat rate of $590 per fund - remain unchanged for the ...

Equity Trustees completes AET integration

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... acquisition, Equity Trustees announced its intention to exit the AET platform business and outsource the administration of the Small APRA Funds (SAFs) business - a portfolio of more than 400 funds and $600 million of assets. The transition of the SAF ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... superannuation funds, pooled superannuation trust (PSTs), and approved deposit fund (ADFs). Self-managed funds and small APRA-regulated funds, however, are not fully exempt. For SMSFs and small APRA-regulated funds, the new legislation means the amount ...

EQT updates on Australian Executor Trustees acquisition

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... acquisition, Equity Trustees announced its intention to exit the AET platform business and outsource the administration of the Small APRA Funds (SAFs) business - a portfolio of more than 400 funds and $600 million of assets. EQT said the changes were ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... specific." Another piece of regulation - non-arm's length expenses (NALE) and non-arm's length income (NALI) of small APRA funds and SMSFs that is awaiting Royal Assent - have received plenty of airplay. NALE in particular, Heffron said, is raising ...

Consultation opens on NALI reforms

ANDREW MCKEAN  |  TUESDAY, 20 JUN 2023
... the non-arm's length income (NALI) regulations, which are set to affect self-managed superannuation funds (SMSFs) and small APRA-regulated funds (SAF). The Treasury Laws Amendment (Measures for Consultation) Bill 2023 seeks to refine the NALI provisions ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... industry says it requires further consideration. In last night's budget, the government proposed that for SMSFs and small APRA-regulated funds, income that is currently taxable as NALI will be limited to twice the level of general expense and the ...

Consultation opens on NALI amendments

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
... provisions relating to superannuation funds. It explained a potential change to self-managed superannuation funds and small APRA-regulated funds would be amending both to a factor-based approach. If amended, both would have an upper limit on the amount ...

Equity Trustees confirms AET acquisition

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
... management services (PMS), which EQT intends to exit. EQT intends to retain the client management and trustee role for small APRA funds," it concluded. EQT further announced its net profit after tax is up 12.5% on the prior year to $24 million. For June ...
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