An SMSF marked for wind-up must retain some assets to ensure the process can be completed properly without any adverse consequences arising.

Superannuation is likely to play a bigger role in the nation’s economy should Labor win the federal election to be held later this year.

Closing the 23 per cent gap between women and men’s superannuation has been too slow, with ASFA calling for committed strategies to reduce inequality.

SMSF trustees can delegate duties, instead of using an EPOA, to ensure the central management and control of their fund stays in Australia when they are overseas.