SMSFs should not be looking to make any COVID-19 early super release payments in the form of an in-specie transfer if the fund is suffering from liquidity issues, an industry specialist has said.

The number of SMSF establishments is likely to increase as a result of the COIVD-19 pandemic, industry research has shown.

Sweeping changes to superannuation in 2017 are still not fully understood and further changes are unlikely in the near future, according to a government minister.

The Australian Small Business and Family Enterprise Ombudsman has called on the government to defer super guarantee rises and reduce the tax on compulsory employer SG contributions.