The low down on UK pension transfers

myprosperity links to BGL

June 13, 2017

Financial collaboration platform myprosperity has announced it has completed its integration with BGL’s Simple Fund 360 cloud SMSF solution, enabling a holistic view of a client’s super and non-super assets.

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Residential Property

First Home Super Savers Scheme not for SMSFs

June 9, 2017

SMSFs are not a suitable vehicle to facilitate the First Home Super Savers Scheme due to the nature of the structures and the flow-on effects that may result from the strategy, a specialist superannuation lawyer has said.

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ATO

ATO extension allows flexibility: SMSFA

June 9, 2017

The SMSF Association has welcomed the ATO’s decision to extend the lodgement date for SMSF annual returns in light of the superannuation legislation changes and compliance points funds need to get through before 1 July.

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Advised SMSFs outperform self-directed

June 9, 2017

Advised SMSFs outstripped self-directed SMSFs over the 12 months to June 2016, according to the latest industry research.

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Early release scheme operator convicted

June 8, 2017

A South Melbourne man has been convicted and fined $6000 in the Melbourne Magistrates Court after pleading guilty to operating an unlicensed financial services business promoting the early release of retirement savings benefits through SMSFs.

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Compliance

Real-time reporting nothing to fear

June 7, 2017

SMSF trustees should not be concerned the obligation to adopt real-time reporting, as a result of the super reforms brought down in last year’s budget, will lead to a significantly onerous administrative burden for their funds in the future, a technical expert has said.

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Income, volatility still among pain points

June 7, 2017

Annual investor research performed by AMP has identified generating income and managing the volatility of equity markets as two significant concerns for SMSF trustees.

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No aggressive gearing on P2P platform

June 7, 2017