The ATO had so far applied its new administration penalty powers for SMSF compliance breaches in a moderate and conciliatory manner, according to a lawyer.

Recent Investment Trends research into the accounting profession revealed practitioners considering obtaining a limited Australian financial services licence (AFSL) still felt more support was needed in the decision-making process.

Supercorp’s front-end portal, ViewSuper, has created strong engagement between advisers and SMSF trustees since its release in May.

Legal document provider Topdocs has partnered with BGL Corporate Solutions to launch a time-saving feature, with further streamlining planned for the future.

The issue of whether SMSFs can receive United Kingdom pension rollovers has taken a positive turn, with the latest release of the Qualifying Recognised Overseas Pension Scheme (QROPS) list including one self-managed fund.

Accountants choosing not to act at all in preparation for the licensing regime next year could find themselves in trouble nevertheless, according to a specialist SMSF lawyer.

A continuous flow of information between auditors and administrators would help close the gap between the two parties and result in a better outcome for trustees, according to an audit specialist.

The age of digital disruption was expected to prompt a dramatic decrease in the number of players involved in SMSF administration, according to an administration specialist.

Chartered Accountants Australia and New Zealand (CAANZ) head of superannuation Liz Westover has used her opening speech at the professional body’s National SMSF Conference 2015 today to strongly encourage accountants to start their licensing process if they have not already done so.