The volume of reporting by SMSFs under the ATO’s transfer balance account report (TBAR) regime could rise by 340 per cent, placing SMSFs and practitioners at risk of submerging under the ‘second wave’ of super reforms, according to the latest analysis from Class.

SMSFs are showing they are more diversified than the industry has given them credit for, with trustees achieving diversification via several cost-effective vehicles, the latest CommSec analysis has found.

The SMSF Association has identified death benefit disputes as being a major challenge moving into the future in a new paper, “Outlook for the SMSF Sector”, released today.

Industry research firm CoreData in conjunction with selfmanagedsuper hosted the fifth annual SMSF Service Provider Awards in Sydney last week, with nine out of the 16 finalists holding their position from last year in the adviser-voted categories.

Reverend Tim Costello has been appointed as the new patron of the SMSF Association, succeeding former High Court chief justice Sir Anthony Mason, who has filled the role since February 2007.

The number of SMSF establishments should begin to increase over the coming months and into next year, particularly once the industry has settled into the new superannuation environment.

Metrics Credit Partners (MCP) has opened an initial public offering (IPO) for its Master Income Trust with SMSF investors in mind as it distributes monthly dividends and has low capital volatility.

Managed accounts investment firm Aleda Capital has launched a direct-to-client automated investment platform, suitable for SMSFs, as a deliberate shift away from the traditional investment model via greater transparency and simplicity.