Industry battles over early super release

The superannuation industry is deeply divided over whether the government’s decision to change the super early release rules is really in the interest of the super fund members. The measure allows Australians to apply via myGov for access of up…

Have we reached peak SMSF?

The value of assets held in self-managed superannuation funds fell last year, in another sign that SMSFs may have lost some of their appeal as retirement savings vehicles. The Australian Prudential Regulation Authority reported yesterday that assets in SMSFs fell…

Quality of advice the key to SMSF outcomes

The self-managed super fund sector got an unexpected fillip when the Productivity Commission backed away from proscribing minimum balances for SMSFs when it handed down its final report on assessing the efficiency and competitiveness of the superannuation system. In its…