The federal government’s proposed changes to superannuation rules might affect as many as 85,000 SMSFs with 160,000 members, which was much more than what was suggested in the budget papers, according to BGL Corporate Solutions.

Asset manager VanEck has released two new exchange-traded funds (ETF) on the Australian Securities Exchange (ASX). The VanEck Vectors FTSE Global Infrastructure (hedged) ETF (ASX code IFRA) will provide individuals with an avenue to invest in global listed infrastructure securities. The benchmark to be used for the new offering is the FTSE Developed Core Infrastructure […]

The federal government’s intention to implement the Financial System Inquiry (FSI) recommendation to have the purpose of superannuation enshrined in law has been met with a mixed reaction from the SMSF sector. The SMSF Association welcomed the announcement and was optimistic about working with the government to shape the objective. “We have been a strong […]

Macquarie has introduced a new automated advice service to the market aimed at SMSF trustees and self-directed investors.

SMSF advisers and trustees need to be aware the ATO’s practical compliance guideline (PCG) issued last month regarding limited recourse borrowing arrangements (LRBA) does not cover all assets or all aspects of these types of gearing strategies, according to some sector experts. SMSF Design chief executive Tracey Besters pointed out the safe harbour circumstances outlined […]

BlackRock believes SMSF trustees will see the appeal of its new proposition, iShares Core, which comprises two new exchange-traded funds (ETF). The iShares Core MSCI World All Cap ETF and MSCI World All Cap (A$ Hedged) ETF were listed on the Australian Securities Exchange on 28 April.  These new funds, together with the iShares Core […]

Defensive asset classes have been marked as the segment to watch, with more flows and demand expected from SMSF trustees in the next 12 months following continued market volatility.

The wide-ranging changes to the nation’s superannuation system delivered in the federal budget will drive greater planning around saving and retirement, which could lead to more Australians seeking control and, in turn, looking to SMSFs.

The latest sector research has shown trustees are gradually moving away from the S&P top 10 shares in search of capital growth and greater yield.