Objectives-based advice fuelled by more than just product
Good objectives-based advice is far more complex than the traditional risk tolerance-based approach that has dominated the financial planning industry for many years. Craig McCulloch and Michael Armytage write.
November 16, 2016
Macquarie Wrap platform approves Prime Value Opportunities Fund
Concentrated Australian equities fund, the Prime Value Opportunities Fund, has been added as an investment option for the Macquarie Wrap platform. The Prime Value Opportunities Fund is managed by boutique manager, Prime Value Asset Management, with a mandate to achieve absolute returns with a highly concentrated mix of stocks invested across the market, including large,
November 15, 2016
Emerging market equities back in vogue
Global Emerging Market equity funds are staging a comeback according to Justin Tay, Zenith’s lead analyst on the Emerging Market and Asian Equities sector. Zenith Investment Partners has just released its Emerging Markets and Asian Equities Sector Review, and commenting on the review, Tay said: “The past 12 months has certainly seen a turnaround in
November 15, 2016
Lack of projects and privatisations force infrastructure investors to look beyond Australia
The 2016 IPA/Perpetual Australian Infrastructure Investment Report shows continuing high levels of global interest in Australian infrastructure, but provides a good reminder that investment can – and does – go elsewhere when there are not enough Australian projects. The report captures the views of 20 global and domestic investors including sovereign wealth funds, pension funds,
November 15, 2016
BetaShares Australian high interest cash ETF hits 1 billion milestone
BetaShares, a leading Australian ETF manager, today announced that its Australian High Interest Cash ETF (ASX:AAA) has reached the $1 billion in funds under management milestone, making it amongst the largest exchange traded funds in Australia. AAA aims to provide investors with exposure to competitive interest rates from Australian cash accounts, currently paying over 0.50%
November 15, 2016
24 HOURS: A day in the life of … Atlas Wealth Management
Atlas Wealth Management is based on the Gold Coast, but it services the world. Professional Planner spends 24 hours inside a practice that targets Australians living overseas.
November 15, 2016
Trump uncertainty could be “huge” for gold
Our positive view on the long-term prospects for gold remain unchanged. The U.S. elections are over, and markets will likely take time to reflect the full impact of a Trump victory. Gold immediately rose above USD$1,300 per ounce after the news of Trump’s win, but has since settled back to USD$1,230. Price volatility in the
November 14, 2016
Demand for CFS annuities rise as understanding of retirement benefits improves
More than a year after being the first platform in the market to offer annuities, total Funds Under Management (FUM) on FirstChoice and FirstWrap has exceeded $535m, driven in large part by advisers. Head of Retail Sales for Colonial First State, Laird Abernethy said annuities usage was on the rise, and had become a stronger
November 14, 2016
Seniors should retire debt as a priority to enhance retirement prospects says Homesafe MD Peter Szabo
One of the strategies a senior homeowner should consider when reviewing their financial position in retirement, is the ability to eliminate debt and its associated servicing costs, said Homesafe Managing Director, Peter Szabo. Unfortunately, there is an increasing number of retirees leaving the workforce with home loans, credit card debt or personal loans, often with
November 14, 2016
School never out for award-winning financial planner
Although he excelled in his apprenticeship as a butcher, Simon Clifford was always drawn towards a life in financial advice, and used education to get there. Jo Leggatt reports.
November 14, 2016
Three trends that will change how you market your services
Marketing your service can be cheaper, smarter and easier than ever before, as long as you recognise how the task is evolving. Anthony O’Brien writes.
November 14, 2016
Cover story: A giant awakens as AMP pursues goals-based advice
AMP may be uniquely positioned to make an impact with its re-engineered advice process, and increase the number of people using planners. Simon Hoyle reports.
November 14, 2016
