Listed wealth management firm Spring Financial Group (Spring FG) today announced the acquisition of specialist superannuation and retirement business Financial Choice, saying the purchase will help strengthen its SMSF capabilities and services.

Fractional property fintech BrickX has revealed SMSFs are using its platform to expand their existing property portfolios by using a geographically diversified approach, which in turn spreads their risk across different properties.

AMP Capital continues to experience strong interest in its infrastructure offerings from SMSF investors.

SMSF administration businesses will not be made redundant as a result of the ongoing automation and technology developments in the SMSF sector.

New ATO figures shows no correlation of increased risk in SMSFs that hold very high balances compared to their Australian Prudential Regulation Authority (APRA) fund counterparts.

Cloud SMSF administration software provider Class has launched consolidated portfolios, designed as a single reporting system for both SMSFs and non-SMSF portfolios, which will result in a better perspective for investment decision-making.

The misconceptions surrounding the SMSF sector since inception have been gradually dismantled as the industry continues to mature and find its voice via greater collaboration between the government and regulators, as well as increasing levels of engagement among fund members.

Cloud SMSF administration software provider Class has unveiled its new mobile app, which gives SMSF trustees and other portfolio investors access to a detailed, up-to-date overview of their investment data on their smartphone.

GPS Wealth has announced the expansion of the capabilities on its cloud-based software, MoneyBowl, including calculators and modules that will assist SMSF accountants and financial planners.