The use of a major bank as the lending institution for a limited recourse borrowing arrangement (LRBA) is no guarantee everything will be trouble free with the strategy, according to a specialist auditor servicing the space.

Specialist SMSF advisers must limit the number of clients they service who are already embedded in the retirement phase of their lives in order to maintain a successful practice, according to an industry expert.

Commentators, experts and journalists alike have not been backwards in coming forward to criticise the government for flaws in its treatment of superannuation. And while our elected officials have given us a lot of initiatives of which to be critical, we do have to give credit where credit is due and a number of positive […]

New legislation introduced recently by the federal government dealing with excess concessional contributions tax (ECT) should encourage SMSF trustees to revise their strategies, according to an SMSF expert.

SMSF administration software provider Class Financial Systems has included a new automated property valuation capability for its industry application, Class Super.

The overwhelming majority of SMSF auditors believed their existing skill set would exempt them from having to sit an exam to gain Australian Securities and Investments Commission (ASIC) registration, according to the latest survey conducted by the SMSF Professionals’ Association of Australia.