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.

The custody arm of financial services company BNP Paribas Australia and New Zealand, BNP Paribas Security Services, is considering the business case for establishing an investment platform for self-managed super funds (SMSF).

The availability of bond products through the Australian Securities Exchange (ASX) will increase SMSFs’ allocation to the asset class and provide necessary negative correlation to equities in portfolios.

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.

The SMSF Professionals’ Association of Australia (SPAA) has strongly endorsed the government’s clarification of its position regarding the Future of Financial Advice (FOFA) amendments, labelling it a step in the right direction for the financial advice industry.

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 profile of Australian SMSF members has changed significantly compared to just last year, according to an analysis of Australian Taxation Office (ATO) data.

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