News

Compliance & Regulation

Regulator warns of Coffs Harbour shonks

The Australian Securities and Investments Commission (ASIC) has warned SMSF trustees to be wary of spruikers operating in the Coffs Harbour region who are promoting illegal early release of superannuation strategies. The operation involves encouraging individuals to establish an SMSF and roll their existing retirement savings into the new fund. From there, the new trustees […]

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ETFs

SelfWealth set to launch new ETF

Online broker SelfWealth has announced it has secured $100 million in seed funding from Graham Tuckwell’s ETFS Capital to launch a new exchange-traded fund (ETF), the SMSF Leaders ETF. The SelfWealth SMSF Leaders ETF is expected to list on the Australian Securities Exchange (ASX) in the first quarter of 2019. The product’s portfolio is based […]

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ATO, Compliance & Regulation

ATO issues LCRs relating to legal amendments

The ATO has published two new law companion rulings (LCR) on its legal database addressing legislative amendments currently being considered by the federal Parliament. LCR 2018/D10 is a draft ruling revealing how the commissioner will apply the law as determined by the Treasury Laws Amendment (2018 Superannuation Measures No 1) Bill with respect to non-arm’s-length […]

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International Shares, Investments

Rating upgrade for Pan-Tribal fund

Research house Zenith Investment Partners has upgraded the rating awarded to the Pan-Tribal Global Equity Fund to highly recommended. According to Zenith, the improved assessment of the offering was based on the high regard it has for the manager’s investment team. “Our conviction in the fund is underpinned by the high regard we hold for […]

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ATO, Compliance & Regulation

ATO gives SMSF sector a healthy assessment

The ATO has given the SMSF sector a clean bill of health amid the super reform challenges as it looks to lift trustee education and literacy in the next 12 months.

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Compliance & Regulation, Residential Property

ALP changes to hit current property investors hard

Research house RiskWise has disputed the federal opposition’s claims its proposed changes to negative gearing and capital gains tax (CGT) will not impact on existing investors as the measures will be grandfathered.

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Documentation, Estate Planning

Control of fund key to estate plan

The person who assumes control of an SMSF upon the death of a trustee or member is the most important factor in guaranteeing the benefits of the deceased are distributed to the desired recipients, a specialist SMSF lawyer has said.

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ETFs, Fixed Income

Fixed income active ETF to target SMSFs

BetaShares and Legg Mason have launched Australia’s first fixed income active exchange-traded fund (ETF), which will target SMSFs and other retail investors.

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ATO, Uncategorised

SMSFs shown to outperform APRA funds

The latest Class “SMSF Benchmark Report” has refuted the Productivity Commission’s claims that Australian Prudential Regulation Authority (APRA)-regulated funds are outperforming SMSFs, following a like-for-like comparison.

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Investments, Strategy

Diversification across defensive assets essential

Investor portfolios require a mix of defensive assets as each category has a role to play in today’s market, a boutique fund manager has said.

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