FPSA is relaunched by Fortnum as a new company with a lower-complexity offer
Fortnum Financial Advisers has refreshed independent dealer group Financial Planning Services Australia’s (FPSA’s) offer to advisers and has embarked on the process of recruiting financial planning practices to the new business. Fortnum managing director Joel Taylor says FPSA is built on the same principles as Fortnum, including collaboration, sharing of ideas and equity ownership for
December 01, 2015
There’s good news and there’s bad news in streamlining the FoFA streamlining Bill
In a surprise move last week, the Senate agreed to pass a cut-down version of the Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014, first introduced into Parliament in March 2014. The good news is that financial planners can now get on with business in the certain knowledge that Future of Financial Advice
December 01, 2015
Swings, roundabouts
and the essentials of oil
It’s an easy mistake to make. If the value of an asset halves in six months, it’s not unreasonable to believe the bottom must be near. The temptation to try to time the turn can be irresistible, and painful – there’s a reason it’s called “catching a falling knife”. When Saudi Arabia was preparing for
December 01, 2015
IMAP Onevue Adviser Webinars – Building a robust investment framework
Register for IMAP’s free Webinar on how to build a robust investment framework when creating and overseeing Managed Accounts Wednesday 9 December 2015 at 10.45 AEDT (10.30 Arrival Tea and Coffee) and sponsored by OneVue BOOK to attend the webinar “How to build a robust Investment Framework when creating and overseeing Managed Accounts” Learnings from
December 01, 2015
iShares IOZ now tracking the S&P/ASX 200
The benchmark index for the iShares MSCI Australia 200 ETF (ASX ticker: IOZ) has changed from the MSCI Australia 200 Index to the S&P/ASX 200 Index. As a result of this change the iShares ETF has been renamed the iShares S&P/ASX 200 ETF. All other features of the iShares ETF – including fees and the
December 01, 2015
NAB Asset Management continues to lift SMA education
NAB Asset Management has released its second Benchmark Magazine, which focuses on raising awareness and education about the increasing use of separately managed accounts (SMAs). The publication provides key information for advisers looking to offer SMAs as part of their advice proposition, including first-hand adviser testimonies and guidance from industry experts. NAB Asset Management Head
December 01, 2015
UBS Australian Small Companies SIV Fund given RECOMMENDED rating by Zenith Investment Partners
UBS Asset Management launched its inaugural Significant Investor Visa (SIV) Fund into the Australian marketplace in September 2015. The UBS Australian Small Companies SIV Fund (the Fund) was designed with the objective of satisfying the SIV emerging companies complying investment criteria, and offers investors access to an actively managed, core style, portfolio of small cap
December 01, 2015
PIMCO launches new digital platform customised for financial advisers
PIMCO, a leading global investment management firm, has launched a new digital platform in Australia customised for financial advisers, institutions and individual investors that seamlessly integrates the firm’s thought leadership, client resources and investment solutions to enhance value to its clients. “In an evolving market investors are increasingly looking for relevant, timely and smart information
November 30, 2015
Plato launches Australia’s first global share income fund designed specifically for retirement income
Plato Investment Management Limited (‘Plato’) has launched the first global share income fund designed specifically for retirement income. This fund will provide greater investment opportunities and enhanced diversification, while delivering high income for retirees. The Plato Global Shares Income Fund targets a net income of 6 per cent per annum, which is approximately 4 per
November 30, 2015
OneVue’s momentum continues with another major win
OneVue has been selected by another custodian to provide a consolidated retail and institutional unit registry offering for one of the world’s most successful investment managers, with over $1 trillion in assets under management globally. OneVue will support this investment manager’s new wealth management distribution strategy in Australia by packaging OneVue’s unit registry service with
November 30, 2015
Hewison lays the foundation for delivering a return to the community
Hewison Private Wealth (HPW), the financial planning business founded 30 years ago by John Hewison, has established the Hewison Foundation, a public ancillary fund (PAF) to support victims of domestic violence and young people with depression. The managing director of HPW, Andrew Hewison, says that “out of domestic violence comes homelessness and many child-related issues,
November 29, 2015
BT tries its luck in robo advice, while Clover turns to Gray
BT Financial Group is testing ambitious robo-advice software that will assess areas of inefficiency across an individual’s superannuation, insurance, investments, mortgages and banking. The Wealth Review will be offered free to all customers and will be sent out in targeted campaigns to specific age groups in the coming months. The program works by requesting information
November 29, 2015
