The Australian Securities and Investments Commission (ASIC) is seeking interim and final orders from the Supreme Court of New South Wales to prevent property investment promoter Park Trent Properties Group from operating a financial services business without a licence.

Financial services software provider IRESS has engineered an integration between its wealth management and financial advice platform Xplan and SMSF administration software specialist Class Super.

SMSF specialist document provider Super Central has made a bundle of its superannuation documents as well as access to the Macquarie Cash Management Account available to trustees when they establish their own retirement savings fund.

A recent white paper on the Australian superannuation industry has suggested member direct investment (MDI) options developed for members of industry and retail super funds in an effort to prevent leakage to SMSFs may actually have the opposite effect.

The latest quarterly Multiport SMSF Investment Patterns Survey has shown the increase in contributions caps for individuals over 59 years of age made a significant difference to fund inflows over the June quarter 2014.

The leading SMSF actuarial certificate provider, Bendzulla Actuarial, has rebranded and will now be known as Accurium.

The United States is again presenting very good investment opportunities through a combination of cheap labour, energy resources and a dedication to innovation, according a global fund manager head of research. “We think there are long-term secular changes that have occurred to really make the US economy the resurgence and driver of global growth that […]

The recent Australian Securities and Investments Commission (ASIC) announcement signalling its intention to make it easier for SMSF trustees to invest in wholesale financial products will lessen some of the safeguards applicable when these individuals were categorised strictly as retail investors, a specialist law firm has said.