Specialist SMSF service provider SuperConcepts has announced it will be increasing the size of its South Australian-based operation, with an additional 55 jobs created in its Adelaide office.

SMSF administration provider Xpress Super and RateSetter have forged an integration partnership increasing the type of investments available on the administration platform to include peer-to-peer lending.

The latest analysis of the superannuation industry has shown generation Y having a very healthy attitude toward retirement saving, reinforcing recent demographic shifts in the SMSF sector, an industry technical expert has said.

A specialist superannuation lawyer has suggested advisers apply a rule of thumb to determine the correct pension to commute in cases where a client’s transfer balance cap is greater than $1.6 million and they have an income stream that consists entirely of a tax-free component and another comprised entirely of a taxable component.