The SMSF Professionals’ Association of Australia (SPAA) has commended the Australian Taxation Office (ATO) on its draft legislative instrument governing the amended treatment of the use of borrowing within superannuation funds.

This is the final edition of the self-mangedsuper newsletter for 2013 and we would like to wish all of our readers a very Merry Christmas and a Happy New Year.

Heffron SMSF Solutions’ most recent “SMSF Borrowing Data Report” showed that while the number of limited recourse borrowing arrangements (LRBA) in place were on the rise, they were yet to reach what could be considered a significant level.

The Internet is now the most effective lead generation tool for SMSF specialists and financial planners, but despite this, person-to-person communication skills remain critical in turning these leads into clients, according to motivational speaker Jordan Belfort.

The Small Independent Superannuation Funds Association (SISFA) has changed its name and will now be known as the Self-Managed Independent Superannuation Funds Association.