News

ETFs, Investments

Self-directed look to ETF issuers for tech info

Non-advised self-directed SMSF investors looking to invest in overseas technology stocks rely heavily on direct information from exchanged-traded fund (ETF) providers to boost their knowledge, posing an education challenge to issuers, according to BetaShares.

read more
Investments

Axa IM to apply gender diversity to equities fund

Axa Investment Managers (Axa IM) has revealed it will integrate a unique gender diversity variable to its Sustainable Equities Fund, following new research that found, on average, diverse companies are more profitable than their less diverse peers.

read more
Investments

First TraCRs in Aust start trading

The first transferable custody receipts (TraCR) in the Australian market have been made available on the Chi-X stock exchange today and will streamline the investment process for local investors looking for United States equity exposure.

read more
Administration, ATO, Auditing

ATO will do best to administer audit policy

The tax office has said it will administer the proposed three-year audits for qualifying SMSFs as well as it can, but has revealed it has received mixed views on the measure.

read more
Investments, Portfolio Construction

BT reports strong SMSF managed account appetite

Around one-quarter of all managed accounts opened on the BT Panorama platform are through SMSFs, while funds under administration (FUA) on BT’s broader Panorama managed accounts solution have jumped 250 per cent year on year.

read more
Regulation, Superannuation

Treasury releases work test exemption draft laws

The federal government has released draft legislation and regulations that will provide a one-year exemption from the work test for super contributions to allow recent retirees to boost their super balances.

read more
Financial Planning, Regulation, Superannuation

Seismic change predicted from royal commission

The banking royal commission’s final report will likely be the catalyst for unprecedented change in the financial services industry, an industry executive has said.

read more
Accounting, Financial Planning, Regulation

Gross incomprehension over accountants’ exemption

Recent lobbying efforts for the reinstatement of the accountants’ exemption have revealed many practitioners have failed to understand the original framework, according to an SMSF industry body.

read more
Accounting, Regulation

Fund accounting can deliver TSB gain

Using tax-effect accounting when preparing the financial statements of an SMSF can be of benefit when determining a member’s total super balance (TSB), according to a superannuation technical expert.

read more
Auditing

SMSFA members reject three-year audit cycle

An SMSF Association member survey has found significant opposition toward the proposed introduction of a three-year audit cycle for SMSFs with a good compliance history.

read more

Copyright © SMS Magazine 2024

ABN 43 564 725 109

Benchmark Media

Site design Red Cloud Digital