BT Financial Group is set to enhance the functionality of its Panorama wealth operating system in the areas of portfolio construction and share trading in the second half of this year.

SMSF administrator Triple A Super has announced it will provide its services through automated advice provider Ignition Wealth, creating a seamless administration and investment advice platform for SMSFs.

Macquarie’s inaugural report into accounting and financial services has revealed high-performing firms addressed and catered to the needs of SMSFs, either in-house, through referral arrangements or through outsourcing.

Dealing with divorce has been flagged as a major issue that will affect advisers and SMSF trustees if the new super contribution proposals go ahead.

Australia’s first managed fund that invests solely in peer-to-peer lending has been launched, offering access to high yields and low volatility the asset class can provide for sophisticated SMSF investors and high net worth investors.

Limited recourse borrowing arrangements (LRBA) via SMSFs will be affected by the new safe harbour guidelines as well as bank lending rules and the latest interest rate cut, which could result in a lower natural level set for borrowing going forward.

The changes to superannuation announced in the 2016 federal budget, namely the $1.6 million transfer balance cap and the $500,000 non-concessional contributions lifetime cap, will have an impact on more than 4 per cent of the population and will effectively take away the retirement savings aspirations of many Australians.