SPAA backs ASIC stance on gearing by SMSFs

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The SMSF Professionals’ Association of Australia (SPAA) fully supports the strong reservations expressed by the Australian Securities and Investments Commission (ASIC) about the aggressive marketing of geared property investment strategies to SMSFs. Jordan

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APRA figures reveal solid SMSF growth

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The self managed super fund (SMSF) sector enjoyed solid growth in 2012-13 with the numbers of funds and assets under management increasing markedly, according to the latest Australian Prudential Regulatory Authority (APRA) superannuation

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Wealthtrac targets SMSFs with the appointment of specialist SMSF business development manager

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Platform and wrap provider Wealthtrac today announced the appointment of SMSF sales specialist, James Macken as Business Development Manager – SMSF. Wealthtrac managing director and chief executive officer, Matthew Johnson

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Self control of Super not the answer for all; says Centric Wealth

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Implications for retirees and government if SMSF trustees get it wrong Leading Wealth Management firm, Centric Wealth, today said the growth of self managed super funds (SMSFs) could cause problems for retirees

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Average SMSF contributions down $12,300 for FY13

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Average self-managed super fund (SMSF) contributions for the 2013 financial year were down $12,300 to $35,200 per fund compared to $47,500 for the 2012 financial year, according to the latest

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OneVue rolls out new SMSF services

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OneVue has extended its suite of self managed superannuation fund (SMSF) services following feedback from advisers and accountants who cater to the sector. OneVue chief executive of partner solutions Brett

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Macquarie and SPAA study breaks down the stereotypes of SMSFs investors

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The profile of self managed super fund (SMSF) investors is dramatically evolving, which means SMSF professionals need to quickly adapt their advice models to meet the different needs of this

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Amendments to the Excess Contributions Tax get thumbs up from SPAA

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The SMSF Professionals’ Association of Association has welcomed the passage in the Senate of the Government’s amendments to the Excess Contributions Tax regime to allow refunding of excess concessional contributions.

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CleverSuper launches full service SMSF Solution

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New SMSF administration platform, CleverSuper, spearheaded by Custom Wealth Solutions principal Chris Appleyard, is aiming to build new market segments and increase the uptake of advice from SMSF investors by

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Lifting of concessional caps to $35K gets thumbs up from SPAA

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The passage of the legislation to increase the concessional contribution cap to $35,000 has been applauded by the SMSF Professionals’ Association of Australia (SPAA). The House of Representatives has passed

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