News : financial advice

SMSFs classed as risky in new framework

October 29, 2025

A new framework has been put forward that will simplify the provision of advice, but ranks SMSFs as complex and risky.

October 27, 2025

An auditor linked to United Global Capital has been deregistered in the latest round of action against the investment scheme firm.

October 23, 2025

Complaints to AFCA regarding investments and advice jumped in the last financial year, with a significant number relating to the use of SMSFs.

October 23, 2025

An adviser who was licensed to two firms offering risky investments and using SMSFs to access them has been banned for seven years.

October 15, 2025

Specific recovery actions have to be taken to prove a private loan from an SMSF will not be paid back and should be written off.

October 7, 2025

The FAAA has called for the Australian Financial Complaint Authority to reconsider its rules regarding actions against superannuation funds.

October 2, 2025

Australians receiving financial advice are increasingly more confident about their financial future than those who are not advised.

October 1, 2025

The Compensation Scheme of Last Resort has called for changes to payments that could be delayed due to SMSF trust structures.

October 1, 2025

Around one fifth of advisers have yet to disclose whether they have met education standards that will allow them to practice next year.

September 29, 2025

A distinct opportunity exists for practitioners to provide service t SMSF trustees as the majority of the sector is not receiving advice.