The SMSF Association is already in discussions with Canberra over its and the broader sector’s concerns about the proposed changes to superannuation announced in this year’s federal budget.

A financial services consultant has predicted the use of small Australian Prudential Regulation Authority (APRA) funds (SAF) will increase in the coming year due to a rise in the costs of running an SMSF.

People who have exceeded their concessional contributions cap may be forced to manage an extra layer of complexity in having to comply with the proposed $500,000 lifetime non-concessional contributions cap contained in the federal budget, according to a superannuation technical expert.

Cashwerkz has introduced a new online marketplace for cash products designed to allow SMSF members and advisers to manage cash allocations more efficiently.

A superannuation expert has predicted financial planning strategies and conversations will take a different bent in light of the proposed $1.6 million transfer balance cap announced in this year’s federal budget.

GPS Wealth has added another financial planning practice to its operation, with BCB Financial Planning recently joining the independent dealer group.