SMSF trustees who have not yet applied for a director ID have been encouraged to do so by requesting an extension of time from the ATO.

SMSF trustees and their advisers need to exercise meticulous attention to detail when looking to electronically approve documents for a fund.

Trustees and advisers should consider issuing more than two shares in an SMSF corporate trustee to allow the fund to operate more efficiently.

Standard documentation practices for proof of ownership regarding SMSF properties have a taken on different implications due to a NSW law amendment.

The detail included in an SMSF trust deed requires examination to understand the procedures that need to be followed regarding death benefit payments.

A bill recently tabled in parliament has brought trustees closer to the ability to approve SMSF documents without a physical signature.