Advisory firm VFS Group has launched a socially responsible investment (SRI) portfolio with SMSFs in mind as trustees’ need for greater control begins to progress into opportunities that better align with their values.

A former Sydney financial adviser has been formally charged in the Local Court of New South Wales with 19 counts of engaging in dishonest conduct with SMSF funds.

Wealth management groups Evans and Partners and Dixon Advisory have merged to create a new combined business, Evans Dixon.

LT Management has paid a $10,800 infringement notice penalty imposed by the Australian Securities and Investments Commission (ASIC) after making potentially misleading statements about the cost of setting up an SMSF using the services of RS Capital Partners, trading as My SMSF Property.

The proposed reduction in the non-concessional contributions cap from 1 July 2017 in the amended budget package provides a number of opportunities when considering re-contributions strategies in this financial year.