Buying on the dips: The day I nearly lost the plot
Ron Bewley reveals how he responded when a “clever” sharemarket strategy that seemed like a good idea at the time actually turned out to be dead in the water.
September 29, 2016
IOOF Employer Super awarded CANSTAR five-star rating
IOOF today announced that IOOF Employer Super has received a five- star rating in the pre-retiree category in the CANSTAR 2016 Superannuation Star Ratings. CANSTAR’s 2016 ratings assess 68 superannuation products available to individuals directly, without the need for an intermediary. CANSTAR rates funds by comparing cost, access, advice and investment options. IOOF Head of
September 28, 2016
Global exposure needed to meet investment objectives
In its recent Strategic Asset Allocation Review, Lonsec made downward revisions to long-term expected returns across most asset classes, including a reduction in the expected performance of Australian equities. This led to a shift in Lonsec’s strategic asset allocation weights for its traditional balanced risk profile, with the majority of the recommended equity allocation now
September 28, 2016
Stockspot releases annual Fat Cat Funds 2016 report
Stockspot, a leading automated investment adviser, has today released its annual Fat Cat Funds report. It is Australia’s largest and most comprehensive analysis of 3,820 super and managed funds which names the best and worst performers. This year the report found 638 Fat Cat Funds and 574 Fit Cat Funds. A fund is a Fit
September 28, 2016
So the accountants’ exemption is over, what now?
With the accountants’ exemption now a distant memory, the regulator is actively monitoring the establishment of new SMSFs to ensure accountants aren’t giving advice beyond their scope. Greg Holman writes.
September 28, 2016
Low interest rates may be a case of history repeating – Part I
In Part 1 of this column, Roger Montgomery writes that labelling the current long-term low interest rates as the “new normal” is probably a mistake. Here he explains what to watch out for.
September 28, 2016
24 HOURS: A day in the life of … AP Financial Solutions
Continuing a focus on the day-to-day activities of advice businesses, this month we spend a day in the company of Adrian Patty, principal of AP Financial Solutions, whose practice is located on York Street in the Sydney CBD.
September 28, 2016
Class adds beneficiary accounting functionality to Class Portfolio
In another industry first, Class has announced it has released beneficiary accounting for Class Portfolio, its cloud software solution for accounting, administration and reporting of non-SMSF investment portfolios. Class’ beneficiary accounting enables accountants to easily set up discretionary trusts and add beneficiaries in Class Portfolio. The scalable solution delivers significant efficiencies in processing and accounting
September 26, 2016
Strategic Insight: Platforms rise $21.4bn in funds under management over the year to June 2016
The overall Masterfund market was up 3.2% or $21.4bn over the 2015/16 financial year to total $689.1bn at 30 June 2016 with investment earnings responsible for close to half the increase. In particular during the June quarter positive investment markets saw Masterfunds rise 2.1% or $14.4bn. Reported Inflows into Masterfunds of $134.8bn while lower than
September 26, 2016
Folkestone Maxim A-REIT Securities Fund added to Asgard
Folkestone Maxim is pleased to announce that the Folkestone Maxim A-REIT Securities Fund has been added to the Asgard platform. The Folkestone Maxim A-REIT Securities Fund is a high conviction fund providing access to a diversified portfolio of quality ASX listed real estate securities which own office, retail and industrial, residential and real estate related
September 26, 2016
IOOF Pursuit launches automatic re-weighting functionality
IOOF today announced the introduction of a new re-weighting function to IOOF Pursuit, which makes re-weighting clients’ portfolios easier than ever before. The new re-weight functionality, available in Pursuit’s online portal Portfolio Online, allows advisers to choose how to re-weight client portfolios seamlessly, either immediately, or at a specified date in the future. Advisers can
September 26, 2016
Combining financial planning and yoga to give the best advice
This planner takes the “fear” out of getting financial advice for women by using her solid experience as a financial planner and what she has learned from practicing and teaching yoga. Jo Leggatt writes.
September 26, 2016
