SMSFs have avoided being saddled with arbitrary financial statement deadlines as new cost figures prove they are cost effective for many.

The team at smstrusteenews would like to wish all of the publication’s readers a very Merry Christmas and a happy, healthy and prosperous New Year.

In my last editorial I wrote about the relief the SMSF sector could enjoy for at least one budget cycle by being left alone due to the coronavirus. It was again to highlight the fact legislative risk is the biggest hurdle SMSF trustees face. But I spoke too soon didn’t I, because almost before I […]

The 2020 federal budget was notable for it lack of changes to superannuation legislation and taxation, for the time being at least.

SMSF members being more concerned about changes in regulation than COVID-19’s impact shows the government must have a better model for change

New independence requirements for SMSF auditors can create mayhem for trustees who may be forced to find a new auditor in the next 12 months.

The success of the SMSF sector reflect the positives of the superannuation system but also surpass it, doing better for members than any other type of fund.

New figures from the ATO have provided better insight into the actual costs of running an SMSF and poked holes in arguments they are too expensive compared to other super funds.

Ever since the federal government announced the COVID-19 economic relief instrument allowing people under financial stress to gain early access up to $20,000 of their superannuation benefits across this financial year and the next, opinions have differed as to whether or not this is good policy. It stands to reason then the situation would be […]