Auditors have raised concerns over their ability to properly fulfil the required professional obligations when auditing an SMSF without holding an Australian financial services licence (AFSL).

Smithink founder David Smith has been appointed chair of FPT Wealth.

SMSF trustees can ensure better protection of their retirement savings upon the death of a member by including clauses in the fund’s trust deed designed to facilitate a desired outcome. Trustees could achieve that through the inclusion of powers in the deed limiting the distribution of benefits upon the death of a member to individuals […]

The SMSF Owners’ Alliance has urged the federal government to take a thoughtful approach when considering any changes to the taxation of superannuation.

The SMSF Association has cautioned the sector that only full compliance with the new SuperStream regulations will guarantee retirement savings contributions are directed to the desired superannuation fund.

The issue of whether SMSFs can receive United Kingdom pension rollovers has taken a positive turn, with the latest release of the Qualifying Recognised Overseas Pension Scheme (QROPS) list including one self-managed fund.

Commonwealth Bank of Australia (CBA) has introduced two new online services for SMSF members using its CommSec or NetBank services. “We have been servicing the SMSF market for more than 20 years and we continue to listen to trustees about their evolving needs,” CBA head of SMSF customers Marcus Evans said. “There is significant opportunity […]

The need to have a written investment strategy within an SMSF has been emphasised by the volatility of worldwide equity markets over the past week, according to the SMSF Association.