The SMSF Association has welcomed the ATO’s decision to extend the time period for SMSF trustees to comply with the new safe harbour guidelines governing non-bank limited recourse borrowing arrangements (LRBA).

More segregated accounts are likely to emerge as a result of the federal budget’s $1.6 million transfer balance cap, as many SMSFs will want to have control over whether their assets are placed into the accumulation account or pension account.

It is imperative for advisers to inform their clients about the federal government’s planned superannuation changes during the current period of uncertainty about the proposals resulting from a lack of legislation and the upcoming election, according to a specialist superannuation lawyer.

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.