Transferring super out of the United Kingdom back to Australia might be a viable option for SMSFs in light of the historic Brexit vote in favour of Britain withdrawing from the European Union and the proposed lifetime non-concessional contribution (NCC) limit, according to a technical expert.

Financial services company Spring FG today announced it had opened its mysuper247 SMSF platform for pre-registration, ahead of its full operational launch next month.

SMSF investors are showing great interest in the Listcorp platform’s informative and engaging approach to accessing simple information on Australian listed companies they invest in.

OnMarket BookBuilds has issued an urgent call to action for the SMSF industry to block changes proposed by the Australian Securities Exchange (ASX) that will significantly reduce their already limited access to and participation in initial public offerings (IPO).

The SMSF Association is already in discussions with Canberra over its and the broader sector’s concerns about the proposed changes to superannuation announced in this year’s federal budget.

A financial services consultant has predicted the use of small Australian Prudential Regulation Authority (APRA) funds (SAF) will increase in the coming year due to a rise in the costs of running an SMSF.

People who have exceeded their concessional contributions cap may be forced to manage an extra layer of complexity in having to comply with the proposed $500,000 lifetime non-concessional contributions cap contained in the federal budget, according to a superannuation technical expert.

The SMSF Owners’ Alliance, together with the Australian Shareholders’ Association, Australian Investors Association, Small Self-managed Superannuation Funds Association and Save Our Super, have cautioned that the economic uncertainty caused by the Brexit vote should prompt the government to reconsider its superannuation tax policy should it be re-elected on Saturday.