Advisers and accountants assisting their SMSF clients implement a strategy involving a limited recourse borrowing arrangement (LRBA) should ensure the trustees have approval for the loan before they look to purchase the asset in question, according to a sector specialist.

The emergence of international managed portfolios (or separately managed accounts) and a growing preference among SMSFs for some of the key benefits that direct investing offers could be the tipping point needed to spur a more balanced approach to investing.

The federal government today released the second tranche of exposure draft legislation for superannuation reforms that were included in the 2016 federal budget.

SMSFs were attaining their international exposure mainly through exchange-traded funds (ETF) and managed funds, the latest analysis from Class has revealed.

Advisory firm VFS Group has launched a socially responsible investment (SRI) portfolio with SMSFs in mind as trustees’ need for greater control begins to progress into opportunities that better align with their values.

A former Sydney financial adviser has been formally charged in the Local Court of New South Wales with 19 counts of engaging in dishonest conduct with SMSF funds.

Wealth management groups Evans and Partners and Dixon Advisory have merged to create a new combined business, Evans Dixon.

LT Management has paid a $10,800 infringement notice penalty imposed by the Australian Securities and Investments Commission (ASIC) after making potentially misleading statements about the cost of setting up an SMSF using the services of RS Capital Partners, trading as My SMSF Property.

The proposed reduction in the non-concessional contributions cap from 1 July 2017 in the amended budget package provides a number of opportunities when considering re-contributions strategies in this financial year.