Equitus Super | Product/service

Equitus Super

Add/Update information

Reviews

Tags

• Other
• Brand
• Product/service

25.01.2022 Pre-retirees struggling to boost superannuation balances 30 August 2012 | Mike Taylor, Money Management The techniques that pre-retirees have used in the past to amass a larger superannuation pool prior to retirement are no longer possible, according to Jonathan Philpot, wealth management partner at HLB Mann Judd Sydney. Philpot said the only way to maximise super is to begin planning earlier because under new superannuation rules, pre-retirees can no longer make a 'big push' into super in the final years of their working life. HLB Mann Judd estimated the balance required for a comfortable retirement to be between $800,000 and $1,100,000, which generated an annual income of $55,000. Philpot said this was regardless of whether they wanted to retain their capital.

25.01.2022 Abbott to up #superannuation tax on battlers | thetelegraph.com.au http://ow.ly/hlVnS

24.01.2022 Zero interest related-party loans acceptable, says ATO 6 September 2012 | Tim Stewart, Money Management The ATO has reconfirmed that interest payments are not an essential feature of a loan, potentially opening the door for zero-interest related party loans to self-managed super funds (SMSFs). Comments by the ATO in the NTLG minutes (which are not binding) are encouraging for trustees who have exhausted their "bring forward" rule and are looking to make extra contributions to... their SMSF. Self-Managed Super Fund Professionals' Association technical director Peter Burgess said that while the strategy was theoretically possible, it could end up being more trouble than it was worth. "If you're going to do it every year then you need to set up a separate limited recourse borrowing arrangement every time. It's costly to do that - it would be a lot of hassle," he said See more

23.01.2022 A truckload of #superannuation reforms coming for property owners in 2013 #smsf http://ow.ly/gYKwG

20.01.2022 Telstra Super to launch direct equities service 30 August 2012 | Wouter Klijn, Investor Weekly Telstra Super is planning to launch a direct Australian equities platform for its members in February 2013. "The product, which we are looking to launch just after Christmas this year, is really about addressing the flight to SMSFs (self-managed super funds)," Telstra Super chief financial officer Christina Liosis said. "It is about giving members the option to be able to go to term deposits and ASX 300 [stocks]. We believe that is pertinent in both pre-retirement and post-retirement." The $11-billion corporate super fund has a relatively large number of members with high account balances.

16.01.2022 Cash in on overseas asset offload 6 September 2012 | Ben Collins, Financial Standard Australian pension funds are ahead of the curve with their allocations to real assets, but could further exploit opportunities overseas. Australian super funds currently invest an average 17% of their total portfolio in real assets, although in reality this covers a very broad range of allocation - from zero to more than 20% - with a strong bias towards domestic real estate. Regulatory changes, like Basel II and III are seeing a shift in the ownership of real assets around the world, said J.P. Morgan Asset Management's head of Global Real Assets Group, Joe Azelby. READ MORE

16.01.2022 Exempt current pension income (ECPI) With approximately 34% of SMSFs in pension phase, Exempt Current Pension Income (ECPI) continues to be a major deduction for SMSFs. Representing approximately 83% of total deductions in 2010 the ATO has outlined ECPI as an area of compliance risk in its 2012-13 Compliance program. More detailed information regarding ECPI, the requirements for claiming the deduction and the correct calculation of ECPI has been discussed in the Institute’s article ‘ATO compliance focus - exempt current pension income’

16.01.2022 Coalition says it would take SuperStream further 30 August 2012 | Brad Emery, Investor Weekly The federal coalition has not only thrown its support behind Labor's SuperStream reforms, but has indicated it would take them further if elected to government in 2013. Speaking exclusively to Investor Weekly, coalition assistant treasury spokesman Mathias Cormann said while there was a need to get the policy reforms on SuperStream right, there would be more reforms needed in the future. "I don't think we'll ever get to a situation where further changes are not required down the track. However, if we get this right now and commit ourselves to continuous improvement moving forward, we will hopefully not have to play catch-up to the same degree down the track," Senator Cormann said

14.01.2022 https://www.facebook.com/liverpoolleader/videos/10155158269060988/

10.01.2022 Super valuations rethink makes life easier for trustees 7 September 2012 | Max Newnham, The Sydney Morning Herald [This article also appeared in The Age] The recently passed Superannuation Industry (Supervision) Act, requiring self-managed superannuation funds to value investments at market value, came as welcome news. Originally the Cooper review had recommended SMSFs value the investments at net market value. Under the net market value method, SMSFs would have been forced to calculate the estimated selling costs for each investment and deduct this from the market value. Had this been adopted, a great deal of extra work would have been created for no benefit. Before the new regulation became law there had been very few instances when SMSFs were forced to value investments at market value.

08.01.2022 AustralianSuper holds off on return to equities 30 August 2012 | Nicki Bourlioufas, Investor Weekly The time had not yet come to pile money back into equities, with uncertainty still plaguing the global economy, according to AustralianSuper. Alternative assets, such as infrastructure and property, were doing a good job of delivering income and growth for the fund, without such high volatility, the fund said. Australia's largest industry super fund has reduced its holdings of equities in recent years, from a post-global financial crisis (GFC) high around 60 per cent to a current level of about 55 per cent for international and Australian equities.

07.01.2022 https://home.kpmg.com//new-payments-platform-superannuatio

07.01.2022 https://www.commsec.com.au/smsftrends#

07.01.2022 6 September 2012 | Christine St Anne, Investor Weekly While the banks are yet to effectively snare a sizeable chunk of Australia's $1.3-trillion superannuation industry, the big four are refocusing on the sector in a bid to boost their earnings. BT Financial Group chief executive Brad Cooper recently singled out superannuation as an area where banks could boost their market share. Cooper describes the banks' bid to capture a slice of the superannuation industry pie as a "land grab". As head of Westpac Banking Corporation's wealth management division, he says he believes superannuation will be just as important as mortgages are for banks

06.01.2022 APRA won't close small funds: Jones 30 August 2012 | Wouter Klijn, Investor Weekly The Australian Prudential Regulation Authority (APRA) is not going to shut down small superannuation funds because of lack of scale, APRA deputy chairman Ross Jones has said. "There seems to be some misunderstanding in the way in which scale tests are going to be applied," Jones said at an Association of Superannuation Funds of Australia (ASFA) presentation on Monday. "APRA has no concern whatsoever if a small fund is performing well. "Our concern is the best interest of beneficiaries. "A well-performing small fund may not fear that APRA is going to use any of its scale-related powers that we got last week [with the passage of the prudential standards]

06.01.2022 Winding up an #SMSF a case of getting steps in right order http://ow.ly/hlVm5

05.01.2022 On the 6 August 2012, the Superannuation Industry (Supervision) Amendment Regulation 2012 (No. 2) was registered. This regulation amends the Superannuation Industry (Supervision) Regulations 1994 to: require SMSF trustees, for years 201213 and later, to value the assets of the fund at market value for reporting purposes; require SMSF trustees to ‘regularly review’ the fund’s investment strategy; require SMSF trustees to consider insurance for their members as part of the ...fund’s investment strategy; and provide the ATO with the power to enforce the requirement for SMSF trustees to keep money and other assets of an SMSF separate from those held by a trustee personally. See more

04.01.2022 Winding up an SMSF a case of getting steps in right order http://www.watoday.com.au

02.01.2022 Market week in review - Hear the latest on the markets from Russell's global investments team. Market week in review to 25 January. http://lnkd.in/Fpn-yz

01.01.2022 SMSFs and insurance this relationship needs a spark September 2012 | Graeme Colley, Asset Magazine Richard was driving home from work and was involved in an accident in which he died instantly. Beth, his partner, was absolutely devastated. Richard was just 35 years old. However, the life cover policy they had taken when their house was bought a few years earlier helped pay off the mortgage and provide enough to live. This meant there was little need for Beth to continue working and she was able to stay at home and look after their two children. Unfortunately, the story of Richard and Beth is not a typical superannuation tale as the level of insurance that most provide falls far short of the mark