|OneVue has sold its self-managed superannuation administration business.|
|Self-managed superannuation funds continue to look outside Australia's top 20 stocks as lower returns see investors turning their back on traditional portfolio darlings.|
|Praemium's automated data feed for financial advisers is now available on BGL's Simple Fund 360 platform.|
|The Labor Government is proposing to eliminate cash refunds received from excess dividend imputation credits - a "generous" tax loophole that's mostly benefiting self-managed super funds.|
|Inexperienced self-managed superannuation fund trustees are being warned to do their homework before investing in cryptocurrency as they risk inadvertently breaching crucial compliance regulations.|
|Self-managed superannuation fund cash balances fell to a two year low in the December 2017 quarter as trustees allocated more to Australian and international equities.|
|The ATO is closely monitoring self-managed super funds (SMSF) that breach the transfer balance cap and has already issued several alerts to members close to breaching the cap.|
|Self-managed superannuation fund members have driven the La Trobe Financial Credit Fund to more than $2 billion in funds under management, tripling its size in three years.|
|Expanding the remit of the newly legislated Australian Financial Complaints Authority (AFCA) to protect some rights of self-managed super members marks a "significant step" for the industry, according to the SMSF Association.|
|An SMSF administrator is teaming up with a cryptocurrency brokerage firm to help investors achieve greater portfolio diversification.|
| | |
AustralianSuper will introduce a new fee for MySuper members from April 2020 to offset the impact of the Protecting Your Super changes.
| | |
The alternatives assets data juggernaut is opening an office in Sydney, as it looks to expand its local client base and build its research coverage.
New Industry Super Australia research claims to show plans to make superannuation optional for low-income workers is nothing more than a tax grab.
A Brisbane boutique is winding up an Aussie equities fund, after an investor decided to redeem their money, representing roughly 60% of the fund's assets, just before Christmas.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|