Fractional property provider DomaCom has revealed it will push its Property SMSF to gen Ys, following early interest coming through from children of advisers’ clients.

Commonwealth Bank of Australia (CBA) has introduced two new online services for SMSF members using its CommSec or NetBank services.

Recent changes to Victorian legislation required advisers to pay extra attention to any new enduring power of attorney (EPOA) arrangements put in place, as all new appointments made must now meet the requirements in order to be valid.

SMSF advisers and accountants needed to make sure the correct client parameters were established for referral arrangements with other service providers in the sector to be truly effective, according to an industry consultant.

SMSFs were seeing the opportunity to invest in Australia’s only peer-to-peer (P2P) lending platform, RateSetter, with more than 25 per cent of its loans sourced from SMSFs.

The SMSF Association has thrown its support behind the corporate watchdog’s warning to Australian Prudential Regulation Authority (APRA)-regulated funds about potentially misleading statements to new and existing members.

Financial planning firms must use new communication methods to ensure they stay front of mind with SMSF clients, particularly the younger generations, who are digitally savvy, do their research and are instantaneous in their behaviour.

Industry research specialist CoreData, in conjunction with selfmanagedsuper, hosted the third annual SMSF Service Provider Awards in Sydney on Thursday evening, recognising the best market participants determined by financial advisers and accountants.

Independent financial planning and accounting firm GPS Wealth has unveiled a free online application that allows accountants to accurately determine the appropriate licensing solution for them in just 60 seconds.