A mobile device-based investment platform has expanded into property after purchasing a small-scale super fund specialising in residential property.

Certain aspects of the domestic financial aspect have to change if the home equity release is to play a larger role in people’s retirement incomes as suggested in the government’s Retirement Income Review, a university professor has said.

Anomalies associated with the downsizer contribution rules may be addressed in treasury law amendments that have been the subject of industry consultation.