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.

AccountantsIQ has launched a support service to assist accountants who have acquired a limited Australian financial services licence (AFSL) to adapt to the new regulatory environment they now find themselves in.

The federal opposition has promised to address the retrospective nature of the proposed changes to the superannuation system contained in the 2016 budget.

Advisers servicing SMSF clients currently need to consider specialising in a specific area of the sector rather than the sector as a whole, an industry expert has said.

Knowing which assets to leave or switch back to the accumulation side of an SMSF is crucial for the optimal tax effectiveness of the fund in light of the proposed $1.6 million transfer cap, an SMSF expert has said.