SMSF Adviser keeps specialists up-to-date with compliance, regulatory and legal developments while arming them with the knowledge and insight.

I think potential changes should be targeted at implementing policy measures that have been outstanding for some time. For example, the mooted amendments to the residency rules, first announced in the 2021–22 federal budget, would relax the residency requirements for SMSFs by extending the central control and management test safe harbour from two to five years, and remove the active member test.

2 days ago · SMSF Adviser keeps the SMSF sector up to date with the latest and breaking news, and is the authoritative source of information for legal, compliance and regulatory updates.

2 days ago · Minister Jones has announced a “comprehensive review” of the CSLR following the revelation that the levy estimate for financial advisers in the upcoming financial year has surged to $70.11 million. Advisers are on the hook for an even bigger bill, with the estimated Compensation Scheme of Last ...

2 days ago · Property is a particularly Australian obsession – we feel a sense of empowerment when we can see what we own and say, “that’s mine”. But it may not always be the best investment for your SMSF. That is because it can be hard to adequately diversify while holding such an expensive asset ...

Oct 23, 2024 · The Australian Financial Complaints Authority’s (AFCA) report found some advisers were incorrectly applying thresholds of $2.5 million in net assets or $250,000 income, instead of the $10 million limit specified in the Corporations Act for superannuation products.

Jan 19, 2025 · While Treasury has acknowledged the value of financial advisers having access to the ATO portal, concerns around cyber security have given the department pause.

Using a multi-asset portfolio, with an experienced professional managing asset collection and manager selection, is an effective strategy. Their role would be determining which asset classes, such as shares versus bonds, or even sub-asset classes like US small companies versus large companies, are expected to deliver the best returns.

To call 2024 the SMSFA’s annus mirabilis might be an exaggeration – but only just. As I reflect on the year, the SMSF sector achieved a notable milestone and notched some important wins for advisers and their clients.

5 days ago · ASIC will continue its surveillance of assessing the quality of financial advice to establish SMSFs as one of its key focus areas for 2025. In its key issues outcome paper 2025, the regulator has highlighted one of its main concerns in the coming year is unsuitable superannuation advice resulting in ...