Legitimate reasons still exist to run two or more SMSFs in conjunction with one another despite the ATO’s dislike for the strategy on tax avoidance grounds, according to an SMSF lawyer.

An SMSF technical expert has warned advisers to be mindful not to let the strategies they recommend to clients in regard to the super reforms compromise members’ ability to use some of the provisions in the new rules.

SMSF member appetite for yield could result in a significant asset reallocation within these investment portfolios away from cash and into domestic equities in the coming years, according to an Australian equities analyst.

SMSFs are not a suitable vehicle to facilitate the First Home Super Savers Scheme due to the nature of the structures and the flow-on effects that may result from the strategy, a specialist superannuation lawyer has said.

The methodology used for the valuation of assets to determine compliance with the new transfer balance cap still requires clarity, according to an SMSF strategy expert.

The amount of money that can be allocated to the First Home Super Savers Scheme requires clarification to allow proper compliance with and execution of the initiative, an SMSF strategy specialist has said.

An SMSF strategy specialist has predicted a solid investment opportunity may soon exist for SMSF members if the government decides to issue specific bonds to help fund the infrastructure projects announced in last night’s federal budget.

The SMSF Association has applauded the federal budget provision that will allow retirees to contribute up to $300,000 from the sale proceeds of their homes when downsizing as a non-concessional superannuation contribution regardless of their $1.6 million total super balance.

More SMSFs are taking strategic positions in hedged exchange-traded funds (ETF) in order to deal with currency risks, according to State Street Global Advisors (SSGA).