Insurance, funds and super (197 items)

Click on the categories below to browse content classified within 'Insurance, funds and super'.

SMSF borrowing reprieved

The SMSF leverage data is worrying, worse than when David Murray reported.The policy decision – LRBA stays within SMSFs – is one motivated by the worry over the credit slowdown. Josh Frydenberg is the author of this decision, one the treasurer made in defiance of advice from the Council of Financial Regulators to ban this practice.This may not last, with Labor still promising to police the misuse of super as a wealth management play thing and adhere to the FSI’s five-year old advice. read more

SMEs and SMSFs stranded by NAB

National Australia Bank is preparing to rein in its exposure to SMSF borrowers next month after alerting mortgage brokers to an aggressive tightening of eligibility criteria for loans to self-managed super clients.In a notification sent to brokers this week, the bank has advised it will no longer accept loan applications from SMSF clients with net superannuation assets of less than $5 million. read more

Page 1 of 18 | Total articles: 197