We conducted our annual SMSF Roundtable earlier this year and asked the opinions of some the most respected experts in the sector about the most important issues. In this segment we asked: How the introduction of transfer balance account reporting is progressing? Can we anticipate stricter enforcement of TBAR in the immediate future? Have any identifiable common mistakes surfaced to date?

Participants:

Chris Balalovski – Self-managed Independent Super Funds chair and BDO Business Services partner

Peter Hogan – SMSF Association head of education and technical

Graeme Colley – SuperConcepts technical and private wealth executive manager

Yvonne Chu – Head of Technical Services at Australian Unity