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
Covering your asset: A small business survival plan
As a small business owner you are likely to be the core of your business. So what happens if you are unable to work for any extended period due to illness or injury? This is probably an issue you raise and solve for clients, but have you thought through your own business implications? Now is
November 29, 2015
Strong relationships underpin continuity and common purpose for the profession
When the news broke on Thursday morning last week that the chief executive officer of the Financial Planning Association (FPA), Mark Rantall, is leaving next March after five years in the job, all eyes naturally turned to his successor – the FPA’s current general manager of policy and conduct, Dante De Gori. Rantall, De Gori
November 26, 2015
Master classes a preview of new approach for SMSF specialist technical sessions
The SMSF Association’s director of technical and professional standards, Graeme Colley, has hailed as a success a test run of a new format for technical sessions to be held at the SMSF Association National Conference in Adelaide next year. “I’ve been doing some master classes in Sydney, Brisbane and Melbourne this week, and we’ve had
November 26, 2015
Why we are here: Public interest is the test of a true profession
Sometimes we just don’t get it. We lobby strenuously against sensible reforms, knowing that worse outcomes may well await us. And yet we persist, seeking to relieve short-term political pressures. There is no better example of this than lobbying against the recommendation to ban gearing in self-managed super funds (SMSFs) made by the Murray Financial
November 26, 2015
