Three significant bodies operating in the SMSF space have issued a warning to accountants wanting to provide advice under a limited Australian financial services licence (AFSL) in the new Future of Financial Advice (FOFA) environment to start the process immediately.

Specialist SMSF administration service provider Superfund Wholesale has announced it is ultimately aiming to service 10,000 self-managed funds.

An SMSF Association social media forum has revealed practitioners remain frustrated over the amount of time it takes the ATO to provide SMSFs with an Australian business number (ABN).

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.

The United States residential property sector can provide shelter for SMSF investors from the volatility and speculation currently affecting equity markets around the world, according to a global fund manager. Specifically, Spire Capital has identified essential and affordable residential rental properties in the US as an asset class providing present-day strong returns with a 15-year […]

Sector regulators have been increasing their emphasis on trustees to consider and perhaps formulate an exit strategy for their SMSF even at the point of establishment.

Submissions on superannuation taxes are still being considered as part of the current tax white paper process, even though the federal government has emphatically said it will not impose any new such taxes in its first term, a Treasury official has said.

Assistant Treasurer Josh Frydenberg has given a clear indication the government will be addressing the Financial System Inquiry (FSI) recommendation for a total ban on limited recourse borrowing arrangements (LRBA) within SMSFs in a considered fashion and will not pander to the hysteria surrounding the situation.

SMSF specialist financial planning firm Dixon Advisory has paid two Australian Securities and Investments Commission (ASIC) infringement notices totalling $10,200.