Accountants looking to become licensed to enable them to continue to service their current SMSF clients and add financial advice to their value proposition may be best served legally by setting up a separate entity to house the new advisory arm of the business, a sector lawyer has suggested.

SMSF specialist advisers could be the beneficiaries of the continued strong attraction to SMSFs by younger Australians, however, their services were underused, according to a report from the SMSF Association and nabtrade.

The ATO recently clarified its view on whether an Australian super fund would lose its residency status if it paid a pension to a non-resident member.

SMSF offshore administration provider Sundaram Business Services (SBS) is looking to build upon its presence in the Australian market by supplying more client offerings.

Robo-advice is expected to have many effects on the SMSF industry, including the opportunity for SMSF advisers to increase business and client numbers.

AMMA Private Equity is working with accountants to enhance their client value propositions by providing access to unique capital raising opportunities in the market.

The industry needed to move on from its fixation with an appropriate minimum balance to establish an SMSF and instead focus more on adviser competency.

Financial advice played a critical role in helping people reach their retirement goals, with advised investors most likely to make extra personal contributions to their super fund, according to a new report from State Street Global Advisors (SSGA).

Specialist fund manager Trilogy Funds has introduced a new offering giving investors access to Brisbane-based commercial property.