The latest SuperConcepts “SMSF Investment Pattern Survey” has provided tangible evidence that the 2016 federal budget’s proposed super changes are having a significant effect on SMSF trustee’s confidence in retirement savings, with a drastic fall in contributions in the June quarter.

Social investment network facilitator SelfWealth has released the 2015/16 results for its own indices that show they have outperformed comparable Australian Securities Exchange (ASX) benchmarks.

The latest joint SMSF Association and Accurium sector research has shown the majority of SMSF trustee couples are well placed to have an asset balance high enough to fund at least a comfortable lifestyle in retirement.

The SMSF Association has welcomed the reappointment of Chris Bowen as shadow treasurer and the appointment of Katy Gallagher as shadow minister for small business and financial services.

A specialist trust deed provider has warned against the belief that family trusts might be a preferred investment vehicle over SMSFs due to the likelihood of proposed changes to the retirement savings system being implemented, now that the Turnbull government has been re-elected.

SMSF administration software specialist Class Super has entered into an integration arrangement with automated investment adviser and fund manager, Stockspot, allowing for direct data connection between the two parties to enable income processing and investment tax reporting.

The chair of a major not-for-profit superannuation fund has called for better information allowing SMSF trustees to measure their portfolio performance more effectively.

Revenue and Financial Services Minister Kelly O’Dwyer has revealed she expects the consultation process regarding exposure draft legislation for the proposed changes to the superannuation framework will start shortly.

Advisers and trustees should be looking to roll back any money over $1.6 million from pension phase to accumulation phase once the proposed transfer balance cap was implemented, regardless of whether any provisions forcing that course of action were introduced, according to an SMSF strategist.