Issue 52 of selfmanagedsuper details the changes to the Division 296 tax policy and the implications they will have for the operation of the measure. In addition it provides a proper analysis of ASIC Report 824 and how it should be interpreted. Our regular contributors examine several current issues such as the importance of Part A qualifications in an audit report, where SMSF members stand as wholesale investors, and the introduction of Payday Super. Purchase and download the PDF version.