ECP Asset Management (ECPAM) has issued its prospectus for a new listed investment company (LIC) offering access to the Australian small and mid-cap equity sectors, with SMSF trustees as its target audience.

SMSF experts have again expressed their concerns over the lack of regulation surrounding advice given on limited recourse borrowing arrangements (LRBA) by practitioners, such as real estate agents and mortgage brokers.

The Australian Taxation Office (ATO) is encouraging SMSF trustees to make their funds SuperStream complaint as soon as possible even though the start date for the new contributions regime has been pushed back to 3 November.

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.