The increased level of automation involved with the establishment and administration of SMSFs could lead to some advice being provided by computers in the short term, an industry specialist has suggested.

The risk of SMSFs being targeted for fraudulent activities increases in conjunction with the growth of the sector, placing greater onus on accountants and auditors to put procedures in place to protect their clients from the actions of criminals, according to a fraud prevention specialist.

The failure to comply with formalities when exercising the discretion associated with executing a binding death benefit nomination (BDBN) is the most likely avenue of challenge against these SMSF estate planning instruments, according to a specialist superannuation lawyer.

Online SMSF legal document provider Cleardocs has been integrated into the Macquarie Cash Management Account (CMA) application process.

Amid frequent attacks on SMSFs, the Australian Taxation Office (ATO) has announced it regards the growth and current operation of the sector as a resounding triumph.

The ability to provide advice on existing risk insurance cover in regard to switching from an Australian Prudential Regulation Authority-regulated fund into an SMSF is a subject requiring greater clarity, according to a financial services technical expert.

SMSF trustees wanting to transfer retirement savings held in overseas pension schemes need to be aware these types of transactions count towards their contributions cap limits, a superannuation technical specialist has warned. Legal changes now allowed trustees to bring superannuation balances accumulated offshore into their SMSFs, however, there was a misconception as to how those […]

The Chartered Accountants Australia New Zealand (CA) SMSF specialisation has continued its growth path, with more than 300 practitioners now having achieved the accreditation.

Audit software specialist Auditflow’s intelligent audit workpapers solution has been integrated into the BGL Simple Fund 360 SMSF administration software offering.