Cloud-based documentation provider NowInfinity has completed a restructure that will boost its executive management and operations and ready the company for fintech growth.

Advisers relying on their SMSF software to generate pension documentation for their clients in pension phase are running the risk of the paperwork being inadequate for these needs, according to a senior superannuation consulting executive.

Joint venture projects such as property developments involving several SMSFs that subsequently attract additional investors may not require documents like a product disclosure statement (PDS), but may still need other commercial papers to protect the original participants, according to a specialist SMSF law firm.

Accurate and specific documentation is required to make sure a reversionary pension is enforced in the correct manner, an SMSF specialist lawyer has said.

Topdocs has expanded the automation of the Australian business number (ABN) and tax file number (TFN) online process, which originally only enabled SMSFs to use the feature, to companies and trusts.

The proposed changes to the superannuation system contained in this year’s federal budget mean SMSF advisers and trustees need to be more conscious of document providers’ ability to adapt and comply with the new rules, according to a specialist legal firm.

SuperConcepts has revealed its superMate platform will integrate with legal document provider Topdocs, with further technology initiatives planned as a result of a newly announced partnership.