The end of the 2026 financial year for SMSFs is unlike any other and entails several crucial actions and decisions for trustees.

The current Division 296 tax regulations may create a series of estate planning issues for a range of individuals when an SMSF member passes away.

When a trustee is declared bankrupt the situation presents problems as to how an SMSF will be managed in the immediate future.

Unwittingly triggering the non-concessional contributions bring-forward rule can result in significant compliance consequences.

Payday Super will impact the number of contributions being made in the year of its implementation and could result in cap breaches.

The continuing increase in SMSF numbers is significantly contributing to the growth enjoyed in the private credit sector.

The manner in which a deceased member’s superannuation benefits are treated for Division 296 purposes needs urgent attention.

There is no evidence to suggest the rising number of unadvised SMSFs should be of any concern to the integrity and health of the sector.

The wide range of performance outcomes SMSFs generate provides a reminder they are not a suitable retirement savings vehicle for everyone.