Trustees of SMSFs can subscribe to SMSF News to receive announcements from the ATO relevant to their fund.
For example, on 19 December 2012, the ATO made this announcement:
As a result of this review, changes have been made to both documents.
The most notable changes to the 2012 version of the Trustee declaration are the following inclusions:
requirement that the investment strategy be regularly reviewed
consideration of whether the fund should hold insurance cover for members
declaration that trustees of SMSFs are aware that they do not have access to the government’s financial assistance program in case of financial loss due to fraudulent conduct or theft.