Advisers servicing SMSF clients currently need to consider specialising in a specific area of the sector rather than the sector as a whole, an industry expert has said.

Senior Liberal minister Christopher Pyne has conceded “there may well be some tinkering around the edges” of the federal government’s proposed superannuation measures.

Australia’s first robo SMSF establishment app Superstash has expanded its reach and is now available to Android users following a successful launch on iOS in May.

The composition of the Senate could potentially mean other proposed super measures will be back on the table and altered in order to offset the revenue loss due to any non-concessional contribution (NCC) cap exemptions, a technical expert has said.

Class has announced its latest integration with peer-to-peer (P2P) lending platform RateSetter will provide direct-connect data feeds, enabling daily automated data entry and processing of transactions within its cloud-based SMSF administration software.

The increased uncertainty and volatility following the recent decision made by voters in the United Kingdom to leave the European Union could have a negative short-term effect on the value of SMSF investments, according to a new industry paper.

The modest economic impact of Brexit means SMSF investors will need to focus on how the resulting volatility could impact on their portfolios and investment opportunities going forward.

The start of the new financial year coupled with proposed superannuation changes means it is an especially good time to review SMSF arrangements and make any changes or updates that are required to ensure funds are compliant and able to implement future changes easily.

BGL Corporate Solutions has increased the number of SMSFs on its Simple Fund 360 platform, with 5000 funds committed to be migrated from independent specialist SMSF firm More Super.