Recent industry research performed by Investment Trends has shown compliance is now the biggest challenge financial planners face when servicing their SMSF clients.

Trevor Clisby has joined the team of independent stock research company Skaffold to lead its push into the SMSF administration market.

CPA Australia has advised its members against signing financial advice certificates required by some banks to finalise limited recourse borrowing arrangements (LRBA) due to any professional liability that may arise from doing so.

The use of stochastic models is a more effective method in addressing issues such as longevity and sequencing risk when attempting to formulate optimal financial plans for individuals in retirement, according to a specialist SMSF actuary.

The latest industry research into the SMSF industry has shown practitioners specialising in providing SMSF advice are generating significantly more revenue from the sector than those financial planners still considered generalists.

The Australian Securities and Investments Commission (ASIC) has clarified its wholesale investor test in regard to SMSF trustees.