The increasing costs of providing SMSF administration is a concern needing to be addressed in the coming years, according to a specialist service provider in the space.

The ATO has new powers, called Superannuation Guarantee Estimates (SGE), designed to protect the retirement savings entitlements of workers where a company is on the verge of liquidation.

Financial education content developer Money101 has launched an online SMSF facility to assist practitioners with their professional development commitments.

Large financial services organisations looking to gain traction in the SMSF market must abandon the traditional packaging approach, according to a sector consultant.

Superannuation funds continue to leak from Australian Prudential Regulation Authority-regulated funds into SMSFs in gross and net terms, demonstrating no loss of appeal, according to industry body SPAA.

A family discretionary trust is a more sensible vehicle for investors to use when looking to involve family members, such as children, and would work well alongside an SMSF, rather than as a substitute, according to HLB Mann Judd.

Chris Benson has joined the sales team of fractional property investment manager DomaCom, taking on the role of Victoria and Tasmania state manager.

Capstone Financial Planning has entered into a strategic partnership with the Institute of Public Accountants (IPA) to provide licensing services for its members wanting to provide advice under the new regulatory framework that will take effect in just under 18 months’ time.

SMSF software specialist BGL Corporate Solutions has been registered to lodge the annual returns of funds electronically with the ATO via the government’s standard business reporting (SBR) facility for users of BGL’s Simple Fund 360.