After a period of uncertainty surrounding limited recourse borrowing arrangements (LRBA), both SMSF advisers and trustees had moved on and continued to use the structure in their funds, according to an industry lawyer.

A person’s will cannot generally direct the distribution of superannuation benefits. Their SMSF and their will can, however, work together to maximise benefits paid to the deceased person’s beneficiaries, says Michael Harkin.

Kaplan Professional has developed an efficient and practical solution for qualifying accountants seeking a limited Australian financial services licence (AFSL).

The federal government announcement last week of its intention to implement the Financial System Inquiry (FSI) recommendation to have the purpose of superannuation enshrined in law has been met with a mixed reaction from the SMSF sector.

SuperConcepts will this year focus on closely aligning its stable of sub-brands from a technology stance and look to apply the latest capabilities from overseas where applicable.

Class has revealed its share of the overall SMSF market has grown to over 17 per cent and its total number of customers now stands at 865.