BT Financial Group (BTFG) has revealed its general manager of superannuation, Melinda Howes, has absorbed responsibility for the firm’s SMSF business, following the announcement of Craig Lawrenson’s departure last month.

SMSFs involving many people can be complex and time-consuming to deconstruct, therefore when establishing an intergenerational SMSF, it is vital to discuss what will happen when it is eventually wound up, according to SMSF Association head of technical Peter Hogan.

The Alternative Investment Management Association (AIMA) has revealed SMSF trustees’ awareness and education level in relation to alternative investments have improved over the years, however, misconceptions about the asset class are still the sector’s biggest challenge.

Specialist SMSF service provider SuperConcepts has announced it will be increasing the size of its South Australian-based operation, with an additional 55 jobs created in its Adelaide office.