Market Vectors ETFs added to AMP approved product lists
Van Eck Australia today announced that two of its ETF funds are now approved for AMP licensees – AMP FP, Charter FP and Hillross. Market Vectors Australian Equal Weight ETF (ASX code: MVW) and Market Vectors Australian Banks ETF (ASX code: MVB) have been added to the AMP Approved Product List (APL). “We are delighted
September 30, 2015
EXCLUSIVE: Life is short – why adviser infidelity is on the rise
You probably all know that the “Life is short. Have an affair” website, Ashley Madison, was hacked recently, revealing to the world the names and email addresses of millions of people who had paid their money and registered their intention they wanted find someone other than their wife or husband to finagle with. Like me,
September 30, 2015
Hitting the reset button to build a new planning platform
While one financial institution has invested upwards of $500 million to build a new platform offering, one of Australia’s most active non-aligned players believes boxing clever will always beat a bottomless budget. OneVue launched Luminous on Monday, a platform offering it’s group chief executive officer Connie Mckeage says marks a departure from the established design methodology
September 30, 2015
Inspired by the Terminator – great ideas from outside the financial planning ‘bubble’
The Financial Planning Association (FPA) has announced six keynote speakers to take part in two TED Talk-style keynote sessions at its 2015 Professionals Congress. The speakers include the founder of Australia’s only motorcycle business; someone inspired by the Terminator movies to use robotics for the benefit of amputees; a magician and entrepreneur of the year; and
September 30, 2015
Rubinsztein quits Commonwealth ahead of move to UniSuper board
Nicolette Rubinsztein is to leave her position as general manager, retirement, at the Commonwealth Bank of Australia (CBA) and join UniSuper’s board as an independent director from December 1, 2015. She will succeed Melda Donnelly, whose term ended in August, as the third independent on the board, bringing with her a skill set in retirement
September 28, 2015
Ethics, risk & financial advice’s next frontier
The drive to improve the quality, standing and credibility of Australian financial advisers did not end with the federal government’s Future of Financial Advice (FoFA) legislation, according to a leading adviser in Tasmania. Identifying and managing risk is one area where many planners come up short, says Adjunct Professor Wesley McMaster. Another is the need
September 28, 2015
Fixed income markets under pressure, but opportunities remain
In a quarterly webcast to provide market updates and strategy insights, and to reflect on volatility and the recent Federal Open Market Committee meeting, Western Asset Management Chief Investment Officer Ken Leech said that, while not surprised at the U.S. Federal Reserve’s inaction, “Global growth uncertainty is now very high.” Western Asset, which manages $453
September 28, 2015
FoFA reforms required little adjustment for this Tasmanian planning practice
For all the controversy they attracted, the Future of Financial Advice (FoFA) reforms have caused minimal disruption to many financial planning businesses, according to David Allen, principal of Hobart firm Sky Advisers. It is now a little over two years since FoFA was introduced on July 1, 2013. Despite a protracted period of uncertainty and
September 25, 2015
Financial planners and fund managers joining forces to create better solutions for clients
A desire to create better investment portfolios for clients is driving more financial planning firms to harness the expertise of professional fund managers to provide investment insights and portfolio construction analysis. While product manufacturers grapple with the issue of producing solutions that meet the needs of the growing segment of the population approaching and moving
September 25, 2015
ANZ ETFS products added to HUB24’s super menu
ANZ ETFS Management (AUS) Limited (ANZ ETFS) has announced that five of its Exchange Traded Funds (ETFs) are now available through HUB24’s super menu in addition to its investment service. The ETFs offered by the joint venture between Australia and New Zealand Banking Group (ANZ) and ETF Securities were launched on the Australian Securities Exchange
September 25, 2015
Midwinter offers Dover competitive pricing package
Midwinter has announced today that it has signed an agreement with Dover Financial Advisers, allowing the Sydney based technology firm to offer a competitive pricing package for their premium financial planning software application – AdviceOS. Dover Financial Advisers is a financial planning franchise with 131 practices nationwide, encompassing of over 230 authorised representatives. With the
September 24, 2015
