Managed accounts investment firm Aleda Capital has launched a direct-to-client automated investment platform, suitable for SMSFs, as a deliberate shift away from the traditional investment model via greater transparency and simplicity.

BGL Corporate Solutions managing director Ron Lesh is hopeful a compromise will be reached for SMSFs reporting under the ATO’s transfer balance account report (TBAR) regime and the proposed monthly frequency will be replaced with a more practical quarterly occurrence.

A recent court decision has potentially lessened the formality needed to strictly adhere to the requirements of an SMSF trust deed when removing or appointing trustees of the fund.

The capital gains tax (CGT) relief provisions contained in the super reforms are an issue of which SMSF advisers have to be aware, not only for existing clients but for newly acquired clients as well, according to a technical expert in the industry.