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Super funds managed to generate positive returns in the first quarter of 2023 with diversification helping to capture upside benefits and manage market volatility.
ASIC has acted against 11 SMSF auditors for breaches of their obligations, including seven disqualifications.
The SMSF Association has raised concerns about a proposed legislative change that would exclude certain distributions funded by capital raisings being eligible for franking credits.
QSuper, part of Australian Retirement Trust, will be closing its Self Invest option to new investors from July.
There could be major changes ahead to superannuation taxation and access if budget recommendations by the Grattan Institute are enacted.
MLC Life Insurance has hired Peter Smith as head of business development as the firm focuses on super funds’ insurance offering.
An Association of Superannuation Funds of Australia survey has found members overwhelmingly support compulsory superannuation for all self-employed workers, beyond those working in the gig economy.
ASIC has issued a warning to trustees of MySuper funds which twice failed the performance test that they need to be more member-centric in their communications.
SMSF software provider BGL Corporate Solutions has announced its software is now integrated with accountantsGPS to offer clients a digital check-up.