The SMSF Professionals’ Association of Australia (SPAA) has repaid 13 founding members a total of $26,000 in start-up subscriptions after changing its constitution to allow the funds to be released.

The size and value of the residential real estate market, along with its prospects for growth, mean advisers should continue to view the asset class in a positive light for their SMSF clients, according to a property researcher.

Advisers can use behavioural finance principles to help their clients feel more satisfied with the services they provide and more willing to pay for advice, an expert in the area has said.

Accountants who plan to offer advice on self-managed superannuation have been urged to consider their licensing options well ahead of the expiration deadline for the accountants’ exemption on 1 July 2016.

An argument has erupted over what business model will allow self-managed superannuation specialists to provide the best advice in the area.

SMSFs will increasingly challenge institutions to improve their use of digital technology, Deloitte Touche Tohmatsu’s expert in the area has predicted.

The Australian Taxation Office (ATO) will investigate a large number of SMSF auditors who it believes may be failing in their obligations for independence, Australian residency and complying with audit standards.