SMSF investors must now consider diversifying their portfolios as there is no shortage of stocks, both in Australia and overseas, that offer consistent dividend income and better potential for capital growth, an investment manager has said.

Saxo Capital Markets has added the Australian Securities Exchange’s Clearing House Electronic Subregister System (CHESS) capability for Australian equities to its offering following strong demand from SMSFs and baby boomers.

Investor attitudes towards climate change and regulatory change, which in turn are forcing businesses to become more sustainable, means advisers cannot afford to ignore environmental, social and governance (ESG) issues.