Amid frequent attacks on SMSFs, the Australian Taxation Office (ATO) has announced it regards the growth and current operation of the sector as a resounding triumph.

A trust deed with obtained consent to fire minority members can mitigate the risks of having children in an SMSF, however, it was not common practice, an expert SMSF lawyer has said.

The ability to provide advice on existing risk insurance cover in regard to switching from an Australian Prudential Regulation Authority-regulated fund into an SMSF is a subject requiring greater clarity, according to a financial services technical expert.

SMSF trustees wanting to transfer retirement savings held in overseas pension schemes need to be aware these types of transactions count towards their contributions cap limits, a superannuation technical specialist has warned. Legal changes now allowed trustees to bring superannuation balances accumulated offshore into their SMSFs, however, there was a misconception as to how those […]

The Chartered Accountants Australia New Zealand (CA) SMSF specialisation has continued its growth path, with more than 300 practitioners now having achieved the accreditation.

Audit software specialist Auditflow’s intelligent audit workpapers solution has been integrated into the BGL Simple Fund 360 SMSF administration software offering.

AMP Capital has made infrastructure investing for SMSF trustees easier by adding its Global Listed Infrastructure Fund to its SMSF Suite.

Westpac has demonstrated its significant presence in the SMSF sector, being nominated as a finalist in five adviser-based categories and the eventual winner in two in the second annual SMSF Service Provider Awards hosted by selfmanagedsuper and CoreData.

The SMSF Professionals’ Association of Australia (SPAA) has called for superannuation to be removed from the short-term political cycle.