Avoiding future SMSF litigation required death benefit planning to leave no room for argument, a leading lawyer servicing the sector has said.

The ATO will this year focus on implementing its extensive transformation program, which includes simplifying its interaction and dealings with auditors, as well as reducing internal red tape.

The industry and major political parties needed to take a common-ground approach to dealing with the many challenges facing the superannuation sector, especially complex SMSF issues, the opposition financial services and superannuation spokesman Bernie Ripoll has said.

UBS Global Asset Management has expanded its IQ suite of exchanged-traded funds (ETF) in Australia to include six new ethically-framed equity funds covering different parts of the world. The firm recently unveiled the UBS IQ MSCI Australia Ethical ETF, World ex Australia Ethical ETF, Europe Ethical ETF, USA Ethical ETF, Japan Ethical ETF and Asia […]

The federal government will consult “with an open mind” on the future of limited recourse borrowing arrangements (LRBA) and talk to all stakeholders before making a decision, according to Assistant Treasurer Josh Frydenberg.

Recreo Financial Technologies has launched its next-generation platform in the SMSF market after identifying a need for planners and clients to have more time to focus on financial plans, rather than working through administrative and compliance challenges.

The SMSF industry needed to “fly the flag” for the sector and defend itself against the common criticisms it has received over the years, a technical specialist has said.

The segregation strategies for SMSFs have their benefits but advisers and trustees must take on board that segregating assets solely for tax benefits was not the best approach.

The parliamentary joint committee (PJC) examining the education, ethics and professionalism of financial advisers believed the industry needed to take a proactive approach to the systems and frameworks in place for product disclosure, its chair said today.