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• Most transfer balance events are reported quarterly, within 28 days after the end of the quarter in which they occur.

• An independent valuer is legally required only when collectables or personal use assets are disposed of to a related party, and is otherwise recommended where an asset is significant or complex.

• Dependants can receive a death benefit as a lump sum or an income stream, and a lump sum paid to a dependant for tax purposes is tax free.

• Every member must remain an individual trustee or a director of the corporate trustee to keep the fund within the SMSF definition.

The ATO has a newsroom page for APRA-regulated funds titled "Division 296: the latest for APRA super funds", last updated on 24 September 2026. It sets out how and when large funds will report.

In a media release distributed on 22 October 2026, the ATO said it was targeting promoters of early release of super schemes. Put another way, fewer people were approved, but each approval was worth more on average.

The performance audit is titled "Australian Taxation Office's regulation of self-managed superannuation funds". It is at the evidence-gathering stage, and public contributions were accepted until 25 October 2026. Its criteria cover whether the ATO manages SMSF risks, ensures compliance and sanctions non-compliant funds.