A new report into the adequacy of Australians’ retirement saving has called for a greater examination of the existing contributions caps to formulate a more common sense solution.

Advisers servicing the property space can mitigate the damage being done by property spruikers and give consumers a greater level of protection by increasing their professional standards, according to a senior property executive.

SMSF trustees can maximise the tax deductions they receive from their contributions for the current financial year through the use of an unallocated contribution account (UCA), according to a specialist deed provider.

SMSFs performed better than their Australian Prudential Regulation Authority (APRA)-regulated counterparts over the eight-year period between 2004/05 and 2011/12, according to industry research conducted by Rice Warner on behalf of National Australia Bank (NAB).

The banking and financial services arm of Macquarie has launched a SuperStream service for its existing SMSF clients.

The Australian Taxation Office (ATO) has officially withdrawn an interpretive decision (ID) that created industry uncertainty over when a pension began and when it ceased in relation to the tax treatment of earnings.

The SMSF Professionals’ Association of Australia (SPAA) has encouraged trustees to take advantage of strategies that can minimise tax liabilities before 30 June.

SMSF administration software specialist Class Super has announced the appointment of Panos Alexandratos as its new chief operating officer.