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.

When a client is facing divorce, they must take into account all relevant scenarios when it comes to their retirement benefits, including the option of splitting superannuation assets outside the SMSF, a leading lawyer servicing the sector has said.

The SMSF Professionals’ Association of Australia (SPAA) has released lending and advice guidelines for practitioners providing advice on limited recourse borrowing arrangements (LRBA).

The SMSF Professionals’ Association of Australia (SPAA) is calling for a flat fee to be charged in relation to refunded excess non-concessional contributions instead of the proposed withdrawal of earnings associated with these cap breaches.

SMSF investors intend to add greater diversity to their portfolios through a larger allocation to international shares in the immediate future, the latest industry research has shown.