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 […]

The COVID-19 pandemic has brought to the fore the flexibility of SMSFs in meeting the needs of members and dulled the attacks of the sector’s critics.

The coronavirus has had such an enormous economic effect on the Australian public that many things once considered normal are no longer so. People’s jobs have been hit particularly hard, which has led to the federal government invoking financial relief measures never seen before. And it does stand to reason superannuation was always going to […]

The regurgitating of SMSF statistics by politicians is meaningless and does not prove a familiarity with key issues, especially when they get them wrong.

In 2020, smstrusteenews will be providing the latest compliance, strategic and investment news about the sector more frequently to its audience.