SMSF administration software provider Class Financial Systems has included a new automated property valuation capability for its industry application, Class Super. The new facility has been developed in conjunction with property valuation specialist RP Data and has been provided at no extra cost to Class’s existing clients. “The launch of automated property valuations, along with […]

A panel of industry advice experts has identified the new licensing framework for accountants looking to provide financial advice for SMSF clients to be problematic from an operational perspective on a few fronts.

Subsequent to its launch on 3 June, SMSF administration platform provider CleverSuper has experienced significant interest from financial planners servicing clients in the sector.

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The overwhelming majority of SMSF auditors believe their existing skill set will exempt them from having to sit an exam to gain ASIC registration, the latest survey conducted by the SMSF Professionals’ Association of Australia (SPAA) has found.

A prudential regulator like the Australian Prudential Regulation Authority (APRA) is not required for the SMSF sector, nor is it the role the Australian Taxation Office (ATO) is currently playing, according to a panel of industry experts.