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Showing 1 - 10 of 34 results for "small APRA"

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 ...

Super funds slam budget's super gap measures

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... providing a two-year amnesty for exiting legacy retirement products, relaxing residency requirements for SMSFs and small APRA-regulated super funds. However, it was quiet on in creasing Commonwealth rent assistanc e, and on requiring employers to pay ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... removing the active member test for both fund types. As such, the measure relaxes residency requirements for SMSFs and small APRA-regulated funds (SAFs) allowing members to make contributions while temporarily living overseas. "This will provide SMSF ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... advicetech Decimal later than month. Its ambitions continued into the next year, when Sargon announced it would launch a small APRA fund, a trustee tech solution, and a suite of fund administration services (which was due to launch early 2020). However ...

ATO guides SMSFs on PYSP changes

HARRISON WORLEY  |  THURSDAY, 16 MAY 2019
... savings from fees and unnecessary insurance would not require SMSFs to make additional reports to the ATO. SMSFs and small APRA funds are exempt from report and paying inactive low-balance accounts to the ATO as a new category of unclaimed super money ...

Sargon launches SMSF alternative

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2019
... the traditional self-managed superannuation fund, with Sargon partnering with an $11.5 billion platform to launch a small APRA fund. Sargon has partnered with HUB24 to provide advisers and their clients with access to the same benefits of a SMSF without ...
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