Issue 50 of selfmanagedsuper takes a detailed look at the Merchant case and the associated implications for the advisers and trustees. In addition it examines concerns over the fact SMSFs are being used as a vehicle to enable financial abuse. The publication’s regular contributors cover a range of sector themes such as the increased importance of total super balance management, the interaction between illegal early access and loans to members, and professional parameters practitioners need to obey.

Issue 49 of selfmanagedsuper tackles the problem of the illegal early access of retirement savings benefits and solutions that may be available to address the issue. It also analysis the Compensation Scheme of Last Resort and the very negative impact it will have on the financial advice industry if it continues to operate in its current form. Our regular contributors take a look at a variety of sector themes including whether trustees should take advantage of the legacy pension amnesty, the residency rules, and industry learnings from the Merchant case.

Failing to meet the minimum pension payment requirements now results in a myriad of compliance issue for trustees.

Cryptocurrency and digital assets are set to play permanent role in the future of the sector. 

Key SMSF stakeholders got together to discuss the most pressing issues for the sector.

Specific rules must be followed regarding the upkeep of a property held in an SMSF.

There are many compliance parameters trustees must take into account when looking to hold cryptocurrency in their SMSF.

Changing SMSF trustees requires an understanding of the legal responsibilities assigned to the individuals involved.

The rules around transferring UK pension benefits back to Australia have changed again recently.