Context is needed to arrive at a more accurate picture of SMSF establishment advice.

The government has made significant changes to the proposed Division 296 tax.

Issue 51 of selfmanagedsuper features the annual SMSF roundtable the publication hosts allowing key industry figures to share their views on the proposed Division 296 tax, the relationship between advice and new fund establishments, the role of electronic assets, and the problem illegal early access of benefits continues to present. In addition regular contributors of the magazine address a number of important topics including how to access superannuation assets properly, the importance of addressing frailty risk when providing financial advice for SMSF members, and the flaws with the Compensation Scheme of Last Resort.

The artificial intelligence sector is offering many strong investment opportunities.

SMSF members can enjoy an additional investing dimension by employing long-short strategies.

Trustees cannot take into account the non-arm’s length income and expense provisions without considering other SMSF compliance elements.

The country’s aging population is necessitating a shift in the traditional focus of SMSF advisers

Having an individual exit from multi-member SMSF involves many compliance and practical issues that need to be addressed.

The Compensation Scheme of Last Resort as it stands represents a significant threat to the sustainability of the financial advice sector.