CPA Australia Advice is expected to release the next level of detail for its licence around mid-August, breaking down the options it will make available to members and the cost.

Class has revealed the preliminary work for its initial public offering (IPO) was progressing well, following the recent completion of new board appointments in preparation to list towards the end of the year.

The Australian Securities and Investments Commission (ASIC) has released two information sheets detailing areas it considers should be covered if advice given to SMSF clients is to be recognised as quality financial advice.

SMSF financial planners who had a relationship with an accountant were more successful with clients and were likely to be specialists, according to a new industry study.

The SMSF Association was pleased the regulator was actively policing the register of approved SMSF auditors, following the recent disqualification of an SMSF auditor under the Superannuation Industry (Supervision) (SIS) Act.

Accountants looking to be licensed to provide SMSF advice must accept business revenue from that channel would occur gradually rather than instantly, and therefore other value add-ons needed to be considered, according to a licensing solution provider.

SMSF financial planning practices should look towards the adoption of employee stock ownership plans as more than just a succession planning strategy, according to an expert in the field.

The recent disappearing trick by Her Majesty’s Revenue & Customs (HMR&C) Office in the United Kingdom to chop the list of Qualifying Recognised Overseas Pension Schemes (QROPS) notifications for Australian funds, except for one lonely government superannuation fund as at early July, has resulted in significant pressure being put on the Australian Treasury and relevant politicians to do something about it.

Little had changed in SMSF allocations over the past 12 months, according to statistics from SMSF software specialist BGL.