Corporate activity remains strong as small cap LICs continue to shine
Leading investment research house, Independent Investment Research (“IIR”), has today released their monthly Listed Investment Company (LIC) update for October. Australian equities had a weak month with the S&P/ASX 200 Accumulation Index down 2.1% for the month and 3.2% for the three months to 31 October 2016. This dragged down returns for the 12 months,
December 07, 2016
Fund managers in the spotlight as they strive to master the pitch
With just five minutes at their disposal each, seven fund managers took to the stage to compete at InvestSense’s inaugural Idea Factory on Monday night. Simon Hoyle was there.
December 07, 2016
Single industry ombudsman will ‘improve efficiency and equity’
Review says merging two existing EDRs would be a precursor to a single scheme for all financial services providers – with higher compensation caps for financial planners. Simon Hoyle reports.
December 07, 2016
Record month of growth for AdviserLogic
Financial planning technology provider, AdviserLogic has announced that its client strategy has yielded a record month of growth in November. Executive Director, Daniel Gara says “We’ve brought on 26 financial planning practices to our flagship adviser CRM, AdviserLogic as well as six AFSLs to our revenue management system, PayLogic. It is no secret that AdviserLogic
December 06, 2016
Essential Super strikes a digital chord with millennials
Commonwealth Bank’s easy to use super account, Essential Super, is predicting further increases in member contributions after new data showed strong take up by millennials through its digital channels. It comes as Essential Super hit $2b in funds under management (FUM) and exceeded more than 200,000 customers. Essential Super’s strong digital presence has proved a
December 06, 2016
HUB24 launches direct international equities
Wealth management platform provider HUB24 (ASX: HUB) continues to bring global investment opportunities to Australian investors and advisers, with the launch of new functionality allowing direct access to individual international equities. The service extends HUB24’s leadership in this space, and builds upon the growing suite of international managed portfolios, first launched at the end of
December 06, 2016
Putting education into practice to create the planners of the future
The AMP University Challenge puts students of financial planning in scenarios they will likely experience in the real world. We spent the day with the students as they competed for first place.
December 06, 2016
Netwealth announces private label partnership with Stanford Brown
Australia’s largest non-institutional platform provider, Netwealth, has announced Sydney-based boutique wealth management firm Stanford Brown, as the latest group to launch a private label version of its managed account service. Commenting on this latest announcement, Matt Heine, Joint Managing Director of Netwealth said; ‘It’s fantastic to see the strong managed account momentum continuing. Increasingly, advisers
December 05, 2016
Seniors need to carefully consider their options under the new Assets Test, says Peter Szabo
Seniors should consider their situation carefully if they find their Age Pension has been adversely impacted by the new Age Pension Assets Test that comes into effect on January 1, 2017 said Peter Szabo, Managing Director of Homesafe Solutions. Commenting further, Peter Szabo said, “It’s been estimated that over 300,000 Age Pensioners will have entitlements
December 05, 2016
Lessons from a father lead to enlightened planning practices
James Wortley developed a love of community from watching his father at work in mining towns in Queensland, and applies the same principles to his own business. Jo Leggatt writes.
December 05, 2016
Video killed the radio star, but it could make your business
Quality copy will always have a major role to play in your content marketing, but there’s no doubt that video marketing is the new sheriff in town. Anthony O’Brien writes.
December 05, 2016
