The industry is bracing itself for what could be the most significant tax reforms to superannuation since super was made compulsory 24 years ago.

Constant pressure on the bottom line and a desire to do more with less have resulted in a number of SMSF businesses investigating offshoring opportunities as a viable way to cut costs, improve efficiency and increase their profit margins.

The third annual SMSF Service Provider Awards have again recognised the most innovative, trusted and cutting-edge providers in the industry. Krystine Lumanta and Elizabeth Somerville uncover what makes these names stand out against the rest.

In the past few months, several issues concerning the SMSF sector have arisen, including a new licensee, a well-received budget and an impending tax white paper. Selfmanagedsuper invited a group of SMSF professionals to provide their views on some of these topics.

Housing affordability is an escalating struggle for Australians, but using superannuation money for a home deposit is not part of the retirement savings system’s game plan.

Treasury’s white paper on the reform of Australia’s tax system is expected to be extensive, which has the industry bracing for changes that could potentially flip the super system upside down.

SMSF investors are driving the agenda when it comes to investment behaviour as they hunt for growth assets to boost their portfolios. Elizabeth Somerville examines where this group is finding opportunities, the factors influencing their decisions and areas to leverage for those providing advice in the sector.

Knowing your customers and having the ability to anticipate their needs within the market can be a considerable advantage when it comes to retaining clients and gaining market share.