Class has reported a net profit after tax (NPAT) of $2.19 million, up 64.6 per cent, for the half-year ended 31 December 2015, after taking into account post-initial public offering (IPO) transaction costs.

Specialist SMSF document provider BMR Corporate Solutions has boosted its integrated arrangement with Macquarie Bank.

AMP Capital has added a second infrastructure fund to its offering for SMSF trustees as the opportunity for low-risk returns and stable income streams drives greater interest in the asset class.

Fintech firm eSMSF Advice has developed a cloud-based platform to enable accountants to continue to service SMSF clients without necessarily having to be licensed and help them better manage client advice relationships.

A leading accounting firm specialising in wealth management is encouraging people to contribute as much as they can to their superannuation funds amid speculation of rule changes to the industry.

Following the major changes to superannuation legislation in 2007, the attraction of reserves in SMSFs diminished. Industry innovation and a response to further legislation and regulatory interpretation has, however, seen somewhat of a resurgence in the use of reserves in SMSFs.

The SMSF Association has called for Treasury’s Tax Expenditures Statement (TES) to be replaced with economic modelling, following recent calls to cut super tax incentives based on their size as reported in the most recent statement.

The latest ATO statistics regarding the SMSF sector provide clear evidence self-managed funds are enjoying the benefits of scale.

The Australian exchange-traded fund (ETF) market is set for its next stage of development in 2016, a specialist fund manager has predicted. “The ETF market in Australia has almost reached what I call the end of act one,” iShares head of Australia Jonathan Howie said. “The end of act one means you’ve actually issued enough […]