Despite budget backing, annuities are still no post-retirement panacea
Wade Matterson writes that rather than mandate or strong-arm investors into deferred lifetime annuities or pooled products, a holistic approach which considers all the aspects is a better option.
August 03, 2016
Only the best of the best will win Fund Manager of the Year
The first wave of nominees for the Professional Planner|Zenith Fund Awards have been announced. Managers must excel on nine specific criteria before being judged worthy of nomination.
August 02, 2016
AdviserLogic announces PayLogic service to track AFSL revenue
. Revenue management is not yet 100% digital; some commissions are still difficult to unwind from fund managers . AFSLs need good schemas to build efficient payment structures . Helping AFSLs reduce time spent on paying advisers . Over 20 dealer groups now using PayLogic AdviserLogic launched its revenue management system 12 months ago to
August 02, 2016
Block viewers can crowd fund their favourite apartment
Crowdfunder DomaCom will bring a fresh, exciting element to the popular TV series The Block by allowing viewers the opportunity to join a crowdfunding campaign to buy one of the five apartments. The 12th season of The Block, Australian TV’s longest running reality show, starts later this month on Channel 9 with five couples –
August 01, 2016
Hamish Douglass’s annual report to Magellan investors
I am delighted to write to you as an investor in the Magellan Global Fund (the ‘Global Fund’ or the ‘Fund’), the Magellan Global Fund (Hedged), the Magellan Global Equities Fund and the Magellan Global Equities Fund (Currency Hedged) for the 12 months ended 30 June 2016. Over the past 12 months the Magellan Global
August 01, 2016
Netwealth and Principal Partners launch new private label managed account
Australia’s largest non-institutional platform provider, Netwealth, has launched a new private label managed account service with Principal Partners, a privately owned wealth management firm. The new private label will be available exclusively to clients of Principle Partners and will provide access to the investment expertise and insights of Bennelong Australian Equity Partners. Commenting on the
August 01, 2016
Had her life all planned out even before she was a planner
An early fascination with money and how it worked led this former Queensland ten pin bowling champion to a brilliant career in financial advice. Jo Leggatt writes.
August 01, 2016
Avoid the cold calling ‘dark’ by retaining existing customers
Retaining customers and keeping them happy can be a challenge in a competitive environment. But with much research done on the cost benefits, it’s a job worth doing. Anthony O’Brien writes.
August 01, 2016
Failure is not an option: planners need to get involved
Financial planners have an ethical and social responsibility not to be passive bystanders as dissatisfaction with politicians, governments, banks and the finance industry grows. Robert MC Brown explains
August 01, 2016
Milliman: building better default retirement products
The financial services industry can learn an important lesson from the surprise Brexit vote, according to Milliman Australian practice leader Wade Matterson. The British public’s decision to leave the European Union on June 23 came despite a weight of factual evidence warning of dire economic consequences, sending another wave of volatility through global markets. “Why
July 29, 2016
CFP or not CFP? The pen may not be mightier than the sword
Confusion abounds around new education standards for financial planners, with different requirements for existing and future advisers. Simon Hoyle writes it’s going to be a long rest of the year.
July 29, 2016
Special report: Brexit a victory for democracy however you look at it
What are the consequences of the Brexit vote for investors with a long-term horizon? Less than what they might seem, writes Stephen Kotkin. But upheaval may be likely all the same.
July 28, 2016
