A leading accounting firm specialising in wealth management is encouraging people to contribute as much as they can to their superannuation funds amid speculation of rule changes to the industry.

The latest ATO statistics regarding the SMSF sector provide clear evidence self-managed funds are enjoying the benefits of scale.

The Australian exchange-traded fund (ETF) market is set for its next stage of development in 2016, a specialist fund manager has predicted. “The ETF market in Australia has almost reached what I call the end of act one,” iShares head of Australia Jonathan Howie said. “The end of act one means you’ve actually issued enough […]

The diminishing role of investment in China’s gross domestic product and the increasing part consumer spending is playing in the country’s economy are creating investment opportunities in new sectors. Capital Group investment specialist Andy Budden said many Chinese who previously struggled to afford housing were now finding they had excess cash to spend on discretionary […]

The Australian Taxation Office (ATO) has announced it will contact SMSF trustees who have fallen foul of the dividend stripping arrangements as defined in Taxpayer Alert 2015/1 (TA 2015/1), allowing them to correct the tax positions of their funds without penalty.

Leading superannuation law firm Townsends Business and Corporate Lawyers is encouraging SMSF trustees and advisers to review any arrangements where the fund is using a unit trust as an investment vehicle in light of coming legislative amendments.

The SMSF Association has applauded the federal government’s proposed move to extend choice of superannuation fund via legislation.

The ability to be able to provide a single destination for the advice needs of SMSF trustees will be the fundamental challenge for accountants over the coming year, according to a senior executive of a financial services research house. CoreData head of financial services Julian Fewtrell said the predicament facing accountants with SMSF clients stems […]

The SMSF Owners’ Alliance (SMSFOA) has called on the federal government to reform the tax system being applied to superannuation by abolishing all taxes charged on fund earnings and changing the way contributions are taxed.