Advisers will not need to worry about the distinction between the personal and general transfer balance caps (TBC) until these parameters have had indexation provisions applied to them, an SMSF technical expert has said.

Listed wealth management firm Spring Financial Group (Spring FG) has released a comprehensive seven-part SMSF trustee program, in a move that furthers its commitment to consumer and industry professional education.

The Australian Securities and Investment Commission (ASIC) has banned former Magnitude Group financial adviser Jason Sean Atkins from providing financial services for three years after it found he had failed to meet the best interests duty.

As SMSF advisers struggle to keep up with the myriad changes in the SMSF space, it’s the fallout from events-based reporting that may have the most impact.

Ignition Wealth today announced the launch of a software technology solution that automates the process of assessing clients’ suitability to establish an SMSF, reducing the time and cost involved for practitioners.