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.

Consideration should be given as to whether superannuation funds can provide their members who are in retirement with health services, an industry panel has suggested.

SMSF advisers should not feel limited by the contributions rules in the latest super reforms as the changing settings still provide opportunities for clients, according to ipac private client adviser Peter Crump.

A legal firm partner has identified scoping as one of the major elements contributing to erroneous statements of advice (SOA) issued by financial advisers.

The SMSF Association has expressed concern over the increase in the number of limited recourse borrowing arrangements (LRBA) within SMSFs over the past two to three years.