The risk associated with hybrids – debt securities with characteristics between a bond and a share – needs to be understood by individuals before they are included in an investment portfolio, a senior executive specialising in fixed income has said. “If you’re holding hybrids as fixed income or as defence, they’re not defensive assets. You’ve […]

Ascentiv Group has provided the Australian Securities and Investments Commission (ASIC) with an enforceable undertaking (EU) in light of concerns over the appropriateness of advice provided to clients about the establishment and use of SMSFs. ASIC surveillance found the activities of Ascentiv troublesome because the licensee failed to ensure the SMSF advice provided by its representatives was […]

The SMSF Association has welcomed the ATO’s decision to extend the time period for SMSF trustees to comply with the new safe harbour guidelines governing non-bank limited recourse borrowing arrangements (LRBA).

The federal government needed to provide much more information on the practical implications of the $1.6 million transfer balance cap applying to the pension phase of superannuation announced in this year’s budget, according to an accounting firm partner.

The ability to determine the level of non-concessional superannuation contributions an individual has made since 1 July 2007 under the new rules contained in this year’s federal budget has already proven to be problematic.

BT Financial Group is set to enhance the functionality of its Panorama wealth operating system in the areas of portfolio construction and share trading in the second half of this year.

Australia’s first managed fund that invests solely in peer-to-peer lending has been launched, offering access to high yields and low volatility the asset class can provide for sophisticated SMSF investors and high net worth investors.