News

New era dawns for Chinese equities

July 17, 2018

As China rises as a global economic power, its capital markets are also evolving at a great pace. The combined Chinese equities market, represented by the Shanghai, Shenzhen and Hong Kong stock exchanges, has become the second largest market in the world behind the New York Stock Exchange, totalling more than $12 trillion in market capitalisation as at the end of 2017.

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Compliance, Management

Parallels exist between SMSF, company residency

July 16, 2018

Malavika Santhebennur

The ATO will consider the central management and control of an SMSF to be occurring in Australia if all high-level decisions are made in Australia regardless of where the fund’s directors live, according to a lawyer.

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Investments, Regulation

Managers must deliberate franking ban

July 16, 2018

Krystine Lumanta

Asset managers that offer investments with excess franking credit refunds will need to rethink their offerings and prepare for likely client departures should Labor’s proposed franking ban transpire.

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Appointments

Olivia Long joins advisory firm as MD

July 16, 2018

Malavika Santhebennur

Former SuperGuardian and Xpress Super chief executive and director Olivia Long has been appointed as strategy and operations managing director of national financial services and advisory firm Prime Financial Group’s wealth management and super division.

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ETFs

ETF volatility: truths and misconceptions

July 16, 2018

Kris Walesby

Exchange-traded funds (ETF) are widely attacked every time there’s any sort of volatility in global financial markets. Losing money is never much fun and investors can easily blame someone or something else when it all starts to go pear-shaped.

Enforce bridging course if advisers fail exam

July 12, 2018

Malavika Santhebennur

Financial advisers and accountants should only be compelled to do bridging courses under the new education reforms if they fail the national financial adviser examination proposed by the standards board, according to an academic.

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Compliance, Superannuation

No simplification for personal super contributions

July 12, 2018

Darin Tyson-Chan

Industry expectations that Treasury would simplify the process by which individuals claim a tax deduction for personal superannuation contributions have not come to fruition.

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Investments, Strategy

Bad news veiling agriculture opportunities

July 12, 2018

Krystine Lumanta

Many SMSF investors are unaware of the benefits of diversifying into the agriculture sector due to misconceptions driven by negative farming stories.

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Administration, Compliance

Periodic processing creates income leads

July 11, 2018

Krystine Lumanta

SMSF accountants should be moving to a periodic processing model rather than remaining on annual processing as it creates new client opportunities and services that can be charged for.

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ETFs, Investments

SMSFs only gaining access to small pool of ETFs

July 11, 2018

Malavika Santhebennur

SMSF investors can only get their hands on about 10 per cent of the exchange-traded funds (ETF) available globally, with large gaps in sector and thematic exposures, according to ETF Securities.

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