SuperGuardian’s SMSF administration and investment service aimed at trustees, Xpress Super, has partnered with Macquarie to provide its clients with access to a separately managed account (SMA) facility.

Adherence to the best interest requirement under the Future of Financial Advice (FOFA) reforms was still causing confusion in the SMSF sector due to the different types of professionals and practitioners providing advice in the area, a recent selfmanagedsuper roundtable found.

Specialist unified managed account (UMA) provider OneVue has found its platform is facilitating better and more cooperative relationships between accountants and financial advisers servicing SMSF clients due to the information being generated.

The Institute of Chartered Accountants in Australia (ICAA) has called on new Treasurer Chris Bowen to continue to implement important scheduled superannuation and financial services reform, given his defined responsibilities in the revamped federal government.

The RP Data-Rismark June Hedonic Home Value Index has revealed capital city dwellings experienced an increase in value of 3.8 per cent for the 2013 financial year.

The passage of the amendments to the excess contributions tax regime through the Senate has received support from the SMSF Professionals’ Association of Australia (SPAA).

SMSF trustees need to examine advice concerning the inclusion of property through the use of gearing in their funds as the implementation of fee-for-service remuneration structures takes place, according to a specialist financial services lawyer.

SMSF trustees may change their strategies governing when they are in accumulation phase or pension phase as a result of the proposed legislative change affecting earnings from assets supporting income streams, according to a specialist lawyer in the sector.