The federal government needed to provide much more information on the practical implications of the $1.6 million transfer balance cap applying to the pension phase of superannuation announced in this year’s budget, according to an accounting firm partner.

The SMSF Association and Morgans Financial have joined forces to offer the stockbroking and wealth management firm’s advisers a range of education, training and accreditation offerings.

The ability to determine the level of non-concessional superannuation contributions an individual has made since 1 July 2007 under the new rules contained in this year’s federal budget has already proven to be problematic.

Adviser Network has launched a cloud-based solution designed to help accountants continue to provide advice on the appropriateness of SMSFs to their clients in an easy, compliant and efficient manner.

BT Financial Group is set to enhance the functionality of its Panorama wealth operating system in the areas of portfolio construction and share trading in the second half of this year.

SMSF administrator Triple A Super has announced it will provide its services through automated advice provider Ignition Wealth, creating a seamless administration and investment advice platform for SMSFs.

Macquarie’s inaugural report into accounting and financial services has revealed high-performing firms addressed and catered to the needs of SMSFs, either in-house, through referral arrangements or through outsourcing.

Dealing with divorce has been flagged as a major issue that will affect advisers and SMSF trustees if the new super contribution proposals go ahead.

Australia’s first managed fund that invests solely in peer-to-peer lending has been launched, offering access to high yields and low volatility the asset class can provide for sophisticated SMSF investors and high net worth investors.