Keeli Cambourne

​​Younger investors and SMSFs are increasingly allocating more of their investments to high-yield cash accounts amid market volatility, according to recent analysis by a major bank.

A tiered approach to advice should be adopted, with SMSFs placed under a complex or high-risk tier, a report from the Actuaries Institute has found.

Trust in financial advisers remains high year on year, according to the latest Value of Advice Index from the FAAA.

A new determination on commuting an asset-exempt legacy pension was released last week that will hopefully provide clarity on the updated regulations introduced last December.

A leading SMSF auditor has said the Grattan Institute’s recent proposal to Treasury, suggesting that retirees be directed to put 80 per cent of their super balance above $250,000 into annuities, raises serious concern.

According to the think tank, the government should have more say in guiding retirees to use 80 per cent of their super balance exceeding $250,000 to purchase an annuity.

ASIC claims private credit may present a “systemic risk” for SMSFs and sophisticated investors in an economic downturn.

It may not be worthwhile for older SMSF members to commute their market-linked pensions under the five-year amnesty, a leading SMSF specialist has warned.

A recent court case has demonstrated that self-made wills can be challenged if the wording is not abundantly clear, a legal specialist has warned.

Nearly half of Australians support taxes on higher super balances, according to data from a leading trading platform.