A discussion panel of regulators containing representatives from Treasury, the Australian Taxation Office (ATO) and Australian Securities and Investments Commission (ASIC) has unanimously given a positive assessment of the SMSF sector.

The SMSF Professionals’ Association of Australia (SPAA) has appointed Peter Crump as its new chair.

Trustees can rely on a reasonable approach to be applied by the regulator in situations of genuine adversity, according to an SMSF technical expert.

When looking to hold risk cover inside an SMSF, advisers must ensure the ownership of the policy rests with the super fund itself and not with the individual members, two industry experts have said.

The new administrative penalties to be applied via a sliding scale by the Australian Taxation Office (ATO) have presented a more compelling argument to employ a corporate trustee as opposed to individual trustees for SMSFs, according to a technical expert for the sector.

The SMSF Professionals’ Association of Australia (SPAA) has appointed Jacqui Murdoch as its new chief operating officer.

Investing in infrastructure can be advantageous for SMSF members regardless of whether they are in accumulation phase or pension phase, according to a portfolio manager specialising in this asset class.

Automated SMSF administration provider Class Super has enhanced its service offering through the launch of a new user interface, allowing clients access to its platform through any portable browser, such as a tablet or similar device.