Class has revealed its share of the overall SMSF market has grown to over 17 per cent and its total number of customers now stands at 865.

Board of Taxation chair Michael Andrew has stressed the importance of implementing a better model for Australia’s taxation system and has unveiled a set of recommendations that have succeeded overseas.

SMSF allocations to managed funds increased substantially in 2015, with the asset class the most popular investment choice among portfolios for the first time, according to the latest analysis from OneVue.

The SMSF Association has raised its strong objection to any moves by the federal government to cut the non-concessional contributions caps from the current level of $30,000 to $20,000 as part of this year’s budget.

Treasurer Scott Morrison has used his presentation at an industry conference to reinforce the federal government’s view on what the goal of the superannuation system is and how the current tax concessions within the system should not be used to achieve other objectives. Speaking at the 2016 SMSF Association National Conference in February, Morrison said: […]

AMP’s SMSF business arm, SuperConcepts, has revealed it will ramp up its education efforts for SMSF trustees via a new online capability to be launched next month.

Global investment manager Spire Capital has added to its series of Real Estate Opportunity Capital (ROC) offerings with the launch of its USA ROC III Fund in February. The new fund will consist of a combined property portfolio with an 80 per cent allocation to for-lease multi-family apartment communities and a 20 per cent allocation […]

Absolute return investment manager Monash Investors has launched a listed investment company (LIC) on the back of demand for directly held investments from SMSF trustees. The new LIC, called the Monash Absolute Investment Company, is aiming to avoid negative returns over a five to seven-year investment cycle. It will employ a long-short strategy for Australian […]

A former SMSF accountant has appeared before Sydney’s Downing Centre Local Court, charged with 23 criminal counts, including 12 counts of making false and misleading statements, following an ASIC investigation.