All parties, particularly lenders, involved in the limited recourse borrowing arrangement (LRBA) process for SMSFs should be made to hold specific designations, separate to the qualifications already available in the industry, an industry aggregator has said.

Financial advisers must have a set of procedures in place to facilitate the wind-up of an SMSF, according to an industry expert.

In its submission to the federal government’s tax white paper, the SMSF Association has expressed its preference for the tax rules applying to superannuation to remain unchanged.

Accountants must ensure they conduct ‘needs-to-solution’ client meetings, which incorporate full engagement tactics, as they successfully convert clients over to advice services.

Lobby group the SMSF Owners’ Alliance has formed a policy advisory council for the purpose of providing strategic advice to the body’s board on how to best represent the interests of its members.

SMSF administration software specialist Class Super has said it would spend the second half of the year building out its offering outside of the superannuation space to allow users to gain integration with other investment vehicles.

Brokerage fees charged to Australian investors for buying international equities were expected to come down significantly and could even become free in the next year, according to an industry executive.

SMSF software specialist BGL today announced it had released the Act2 Actuarial Certificate Service through its web-based administration offering, Simple Fund 360, with more actuarial certificate providers to come.

The latest research into the SMSF sector has revealed the majority of service providers offering compliance and administration services continue to do so on an annual basis.