The Australian Securities Exchange (ASX) Managed Funds Service (AMFS) will provide SMSFs with an opportunity to introduce new ways of diversifying across a range of different asset classes. The AMFS, formerly known as Aqua II, will allow fund managers to have their managed funds admitted to the ASX as settled products. ASX head of customer […]

The SMSF Professionals’ Association of Australia (SPAA) has voiced strong opposition to permitting the prudential regulator to apply prudential principles to the SMSF sector.

SMSF investors’ appetite for international exchange-traded funds (ETF) has picked up in recent months, according to State Street Global Advisors (SSgA).

Recent analysis into SMSF investors has shown a growing preference for allocations to separately managed accounts (SMA) at the expense of listed shares as well as an increase in the use of exchange-traded funds (ETF) and unit trusts as avenues for access to international equities.

Financial services giant AMP has appointed Natasha Fenech to the newly created role of managing director for its SMSF business arm, AMP SMSF.

SMSF administration software provider Class Super has released its latest solution equipped to handle SuperStream services, after partnering with financial services technology firm GBST.

The Australian Taxation Office (ATO) has announced it will undertake a pilot project to review the risk of SMSF auditors’ details, including the SMSF auditor number (SAN), being misused and falsely reported on annual returns.

More financial planners are advising on share trading transactions in response to client demand, with the trend set to continue, industry research from Investment Trends has indicated.

Retail and industry superannuation funds have been unable to challenge the SMSF market due to weak branding and marketing, according to the former managing director and founder of CommSec.