SMSF legal firm DBA Lawyers is working on a solution to allow SMSF trustees to accept United Kingdom pension fund transfers under the Qualifying Recognised Overseas Pension Scheme (QROPS) rules.

The two ATO interpretive decisions (ID) released late last year dealing with the treatment of zero interest related-party loans to SMSFs are flawed, according to an industry expert.

A recent ATO interpretative decision (ID) has provided increased flexibility for SMSF trustees in regard to the tax treatment of life insurance cover taken out inside the fund.

Class Super has added a new suite of application programming interface (API) and login functionality that will enhance the security, usability and connectivity for over 80,000 SMSFs administered on the software.

Mental incapacity is a situation advisers need to be able to recognise with their SMSF clients. Following some premeditated steps can help safeguard against this issue, writes Caroline Harley.

Superannuation administration software specialist Supercorp Technology has secured an agreement for the provision of direct daily bank data feeds from accounting software company MYOB.

A panel of industry experts has rejected the idea the ATO’s responsibilities as the sector regulator could be compromised as the new compliance penalty regime builds momentum and is potentially regarded as a solid fiscal revenue stream for the government.

SMSF investors have accepted micro-caps as a viable asset class now more than ever, with the trend anticipated to continue into global investments.

The new preservation age for superannuation, which started last Wednesday, was bound to result in slip-ups by advisers and trustees, an industry practitioner has warned.