ATO scrutiny over a loophole that has surfaced within the legislation allowing excess non-concessional contributions to be refunded should not worry SMSF members as they would not be breaking any current laws, according to an SMSF commentator.

A service aimed at assisting accountants with their licensing decision around the provision of financial advice has been launched.

AMP Capital is looking to provided more managed funds specifically developed for SMSF investors in the future as a result of the success enjoyed by the organisation since the inception of its dedicated business unit to service the sector.

The number of accountants taking positive action to comply with the new licensing regime that will replace the existing exemption under which they can operate remains low, according to an existing Australian financial services licence (AFSL) holder.

SMSF online service provider SuperCentral has launched an estate planning support facility for financial advisers and accountants.

SMSFs chasing income and imputation credits through high-yielding equities on the Australian Securities Exchange need to be mindful of being caught in a dividend trap and being exposed to concentration risk within their portfolios, according to the head of a boutique local fund manager.

SMSF document provider NowInfinity and DocuSign have developed a customised solution to make the approval of legal papers more efficient.

The Australian Securities and Investments Commission (ASIC) has banned Charterhill Group founder George Nowak from providing financial advice until 3 July 2017 as a result of his status as an undischarged bankrupt.

The latest sector research has shown SMSF trustees are continuing to move away from cash and term deposits to pursue opportunities for higher returns overseas.