The SMSF Association today said the latest ATO annual SMSF statistics painted a glowing picture of the sector, with new members and funds growth steady, and investment returns and expenses competitive with the Australian Prudential Regulation Authority (APRA)-regulated sector.

SMSFs have held the highest level of financial performance satisfaction compared to public sector funds, industry super and retail funds since 2007, but the complexity of the incoming super legislation could change this, according to the latest survey from Roy Morgan Research.

Forager Funds Management’s flagship listed investment trust (LIT), the Australian Shares Fund, commenced trading on the Australian Securities Exchange (ASX) last Friday at a market cap of $138 million, with more than half of its units held by SMSFs.

Class has announced a partnership with The SMSF Academy as a result of the challenges accountants and administrators are facing due to the biggest changes to super in more than a decade.

The Australian Securities and Investments Commission (ASIC) has banned Keira Jane Keegan from providing financial services for three years after she was found to have advised SMSF clients to invest in high-risk financial products issued by her licensee.

Two of the federal government’s three superannuation bills have been passed by the House of Representatives and the Senate unamended.

Investment managers are reducing their return expectations across a broad range of asset classes as cash rates globally reach or approach historic lows, according to a Zenith Investment Partners sector review. The “2016 Multi Asset Sector Review” revealed quantitative easing and other interventionist policies had had a marked impact on investment markets, making the task […]

A new index has revealed Australia is falling behind developing nations on returns to its economy and performance of built assets. The Arcadis “2016 Global Built Asset Performance Index”, developed in conjunction with the Centre for Economics and Business Research, examined the income generated by buildings and infrastructure – homes, schools, roads, airports, power plants, […]