The recording of SMSF assets under the proper name or entity is an issue the ATO has ranked among its top 10 current compliance problems.

Exactly whose responsibility it is to inform clients about compliance issues in relation to the new superannuation legislation remains unclear and may lead to legal issues for SMSF practitioners, according to an industry lawyer.

Greater attention to detail must be applied when dealing with SMSF clients undertaking a divorce as the incoming super changes starting on 1 July will provide both positive and negative opportunities.

A leading superannuation law firm has released a support tool to assist advisers adapt their estate planning strategies to the legislative changes contained in the recently passed Treasury Laws Amendment (Fair and Sustainable Superannuation) Bill 2016.

A specialist superannuation law firm has urged SMSF advisers and their clients to review fund trust deeds immediately in light of the new legislation governing retirement savings passed in November last year.

Class has introduced improvements to its data filtering capability in order to allow SMSF accountants to quickly identify and assist SMSFs affected by the latest superannuation changes.

This year is going to be an extraordinarily busy period. With substantial preparation and planning to be done, particularly for those clients with high super balances, many of the decisions to be made need to be assessed based on the individual members of the fund and their future plans and intentions.

A lack of awareness and knowledge about small Australian Prudential Regulation Authority funds (SAF) has been identified as the area that will result in many planners and dealer groups attracting the ire of the Australian Securities and Investments Commission and the ATO.

Cloud-based specialist SMSF document provider NowInfinity will be enhancing its compliance support for advisers with a new service to be launched in March.