Seek alternatives to bank stocks
Investors need to look at alternatives to bank stocks for both yield and growth, argues David Bryant, chief executive officer of Australian Unity Investments. “Banks are getting a lot of attention this reporting season – not always for the right reasons – raising questions about their position as the yield investment of choice. “Their profits
August 12, 2016
Wingate Global Equity Fund added to Macquarie Wrap
The Wingate Global Equity Fund – Wholesale Units has been added to the Macquarie Wrap platform, providing investors with exposure to the growth of global markets while limiting risk. The Fund is managed by boutique international equities manager Wingate Asset Management, an investment firm with over a decade of experience in running global equity portfolios.
August 12, 2016
You can’t please all of the planners all of the time
The first tenet of a profession is to serve the public interest. This doesn't sit well with planners who think they should be put first by their respective associations. Simon Hoyle writes.
August 12, 2016
Class announces the availability of client messaging
Class, the developer of Class Super, Australia’s leading cloud software for administration of self-managed super funds (SMSFs), has announced the availability of client messaging. Client messaging provides a simple and secure way for accountants and administrators to exchange messages and documents with their clients. The new feature has been developed in response to the industry
August 11, 2016
CIPRs may help with Baby Boomer ‘wave’ of retirees
Still seen by some as a “utopian idea,” CIPRs would be similar to MySuper products – a default retirement income product for retirees that are disengaged or unsophisticated. Ben Power writes.
August 11, 2016
Recognition of prior learning key to getting planners over the line
Much has been written about the new education requirements for financial planners. Mark Sinclair writes about some of the possible options to obtain credit for existing qualifications.
August 11, 2016
Preservation and taxed components – like mixing oil and water?
The legislation around preservation and taxable components of a superannuation benefit are not so much related; they are more like close neighbours. Victoria Kuok explains.
August 11, 2016
Optimo trials robo-strategy platform
Optimo Financial has announced it will be piloting its new robo-strategy platform with a select group of financial planners and will release the service to the public next month. In a statement, Optimo Financial said its new custom-built, automated strategy optimisation service, Optimo Pathfinder, “will do all modelling calculations for financial planners and paraplanners for
August 10, 2016
Rice Warner: Australia’s personal investments market
Australia’s personal investments market – with total assets of $2,242 billion at June 30, 2015 against $2,032 billion in superannuation at the time – is set to keep growing strongly at 4% a year in real terms over the next 15 years. Rice Warner’s recently-published Personal Investments Market Projections 2015 report points to opportunities for
August 10, 2016
Next gen iRate to power financial advice industry
Lonsec Research has now launched the next generation of its market-leading iRate platform, providing financial advisers with a powerful array of new tools and capabilities to drive their investment analysis. The new iRate features enhanced portfolio construction, research and reporting tools, all of which will enable financial advisers to generate more in-depth analysis, as well
August 10, 2016
BetaShares launches ETFs to track the global healthcare and global agriculture sectors
BetaShares, a leading Australian ETF manager, today announced the launch of the BetaShares Global Healthcare ETF – Currency Hedged (ASX: DRUG) and the BetaShares Global Agriculture Companies ETF – Currency Hedged (ASX: FOOD). Both DRUG and FOOD are hedged into Australian dollars with the aim of eliminating the impact of currency fluctuations on portfolio performance,
August 10, 2016
Civil war erupts as anger over Life Insurance Framework intensifies
AFA member lobbies 2500 members of the anti-LIF group, the LICG, via email to support an extraordinary general meeting to overturn support for the legislative changes. Ben Power reports.
August 10, 2016
