Fractional property investment service DomaCom has been approved for inclusion in Trustee Partners’ retail super fund.
DomaCom chief executive Arthur Naoumidis said the company’s inclusion as an investment option in the fund was an important step for the business.
“Accessing retail super is another significant first for DomaCom, further broadening our potential in the retail space,” Mr Naoumidis said.
“Most advisers have a significant proportion of their clients in retail super who have not been able to access the DomaCom fund until now.”
Trustee Partners general manager Andrew Peterson said the addition of DomaCom to its fund presented a “unique opportunity” for advisers.
“Financial advisers can now create their own white labelled retail super offerings that include property using the DomaCom solution and Trustee Partners,” he said.
Mr Naoumidis added it would allow for the creation of “thematic investment funds” that will give investors the ability to access earnings from property assets.
The prudential regulator has released its latest corporate plan.
The bid was originally put forward in June.
ASIC has issued a permanent ban to the former financial adviser.
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