Raising the superannuation access age beyond 60 would negatively affect many people and provide few economic or social benefits, according to a doctor of law.

The Tax Institute has said it is fundamental to get back to a simpler superannuation system and try to avoid any further tinkering to the system in the short to medium term.

I suppose I should be grateful. When the Turnbull government announced a royal commission into banks and financial services last year, it explicitly excluded SMSFs. It seemed our superannuation sector was out of the woods.

The timing of the downsizer contribution in superannuation is vital, particularly if the SMSF client qualifies for non-concessional contributions (NCC), according to a technical expert.

The SMSF Association has labelled the new Financial Adviser Standards and Ethics Authority (FASEA) proposed guidance on education pathways for existing financial advisers as a crucial and positive step forward.