The SMSF Association has said while SMSFs have been explicitly excluded from the terms of reference of the banking royal commission, there remains the potential for the sector to be included in the work of the inquiry.

The SMSF Association has announced Professor Deborah Ralston as its new chairperson, effective from the end of the industry body’s annual national conference this Friday.

SMSF administrator SuperConcepts has acquired SMSF services provider More Super, which it says will increase the scale and capability of the business.