Category: SMSF Association Media Release

New duty of care proposal ‘no cause for concern’ for SMSF trustees

The self-managed super fund (SMSF) sector has no grounds for concern about the proposed introduction of a new duty requiring all superannuation fund trustees, including SMSF trustees, to act in […]

Government initiative to use technology to cut SMSF red tape welcomed

The SMSF Association fully supports the Federal Government initiative to embrace technology as a means of cutting red tape and complexity in the SMSF sector. Addressing the Association’s 2021 SMSF […]

Retirement Income Review to be dissected at National Conference

Industry experts will dissect the Retirement Income Review (RIR) report that was handed down late last year at the 2021 SMSF Association National Conference being held virtually on 16 and […]

Government urged to use Budget to reduce super complexity

The Federal Government is being urged to use the 2021-22 Budget to reduce complexity in the retirement income system. In its submission, the SMSF Association says the Retirement Income Review […]

Regulatory system for financial advice failing consumers

The SMSF Association says the current regulatory system is failing consumers with an outdated compliance regime, impost from Australian Financial Services Licensees (AFSLs) and the operation of scaled advice the […]

Overhaul of legacy pensions gets thumbs up

The SMSF Association welcomes the announcement in the Federal Government’s Mid-Year Economic and Fiscal Outlook (MYEFO) that will allow the partial commutation of certain non-commutable pensions. SMSF Association Deputy CEO […]

Streamlining financial advice industry regulation gets tick of approval

The SMSF Association is putting its weight behind the Government’s decision to streamline the number of regulators for the financial advice industry. Under the proposal, Treasury will oversee the education, […]

Virtual National Conference has impressive drawcard of speakers

The SMSF Association National Conference in 2021 will be a virtual event held over two days on 16 February (Tuesday) and 18 February (Thursday). SMSF Association CEO John Maroney says: […]

Why are SMSF and retail investors missing out on ASX capital raisings during COVID-19?

Retail and self-managed super funds often lose out when listed companies raise capital, and the regulatory framework overseeing equity capital needs to be reformed to remove this anomaly in the […]

Survey sheds new insights on why individuals set up SMSFs

An SMSF Association survey of nearly 800 SMSF trustees finds individuals are motivated by far more than costs or investment returns when deciding to establish a self-managed super fund. SMSF […]