The September quarter round-up from BT Advice Technical showed most adviser queries during the three-month period centred on the treatment of transition-to-retirement income streams (TRIS).

The Australian Securities and Investments Commission (ASIC) has published its cost recovery implementation statement (CRIS), outlining the regulator’s forecast for costs and activities for the 2017/18 financial year.

The Self-managed Independent Superannuation Funds Association (SISFA) is focusing on the real life practical application of the super changes, in line with the ATO’s interpretation, as a myriad of unique SMSF scenarios are emerging and causing confusion among advisers.

More consistent assessments of the returns and retirement expenses of SMSFs in comparison to Australian Prudential Regulation Authority (APRA)-regulated funds are not unreachable, with the prudential regulator already working on better analysis.

The decision to take advantage of the capital gains tax (CGT) relief provisions contained in the super reforms legislation and defer the associated tax liability may pose problems for advisers who are servicing certain clients for the first time, the director of an advisory firm has said.

SMSF trustees are showing different levels of concern when it comes to the impact of the recent super changes on their fund, resulting in advice and guidance opportunities according to their balance bracket, the latest industry research has found.

The legislation defining the sole purpose test will not need to be amended despite the announcement in the 2017 federal budget that will allow superannuation to be used to assist first home buyers, according to a senior technical professional in the industry.

The rapid innovation and developments occurring in the superannuation sector, particularly with SMSFs, have created reasonable concerns regarding whether the government and regulators are able to keep up with the pace and reduce the lag.