The grandfathering arrangements under the new age pension rules will not be advantageous to all SMSF members due to the new methods used for the income and assets testing, an industry expert has said.

Global listed infrastructure as an asset class can be used to achieve many different investing objectives for SMSF trustees, according to an international portfolio manager. “My parents run their own superannuation fund and they utilise global listed infrastructure partly as a substitute for REIT (real estate investment trust) investments because it is similar in terms […]

An Australian accounting firm has predicted the delay in raising the superannuation guarantee to 12 per cent as a result of abolishing the mining tax could see SMSFs grow at an even faster pace in the coming years.

The Australian Taxation Office (ATO) has begun asking SMSF trustees for additional supporting documentation as part of the new reporting rules for deferred contributions.

AMP is looking to create more operational efficiency within its SMSF business by reworking the organisation’s administration technology platforms in a manner that will eventually allow all of them to run off one system.

Demonstrating value is the single largest challenge accountants face in servicing SMSFs, according to new research.

SMSF trustees should consider including their business premises as a super fund asset to maximise the available legislative tax benefits, according to an international property manager.

The SMSF Professionals’ Association of Australia (SPAA) has called on the Financial System Inquiry (FSI) to provide fresh insights into how to achieve better outcomes for both SMSF trustees and practitioners rather than bring down restrictive recommendations for the sector.

Chartered Accountants Australia and New Zealand (CAANZ) has used its submission to the Financial System Inquiry to advise against criticism of the SMSF sector for taking unfair advantage of tax concessions within the superannuation framework.