Education standards must not slow growth in financial planner numbers
Striking the right balance between financial planner education standards and an industry accessible to promising new recruits is critical, according to one young self-employed financial planner. Evan Hill runs his own practice, HSA Financial, which provides financial advice to clients in Sydney’s central business district and suburbs surrounding Concord, Strathfield, Bankstown and Liverpool. He operates
September 08, 2014
REVEALED: Professional Planner|Zenith Fund Awards 2014 – more finalists
The second half of the list of finalists in the Professional Planner|Zenith fund Awards 2014 has been released, covering fund categories including Australian and international equities, and multi-sector funds – and the contenders for the 2014 Fund Distributor of the Year. The finalists are identified using the respected and robust research methodology of Zenith Investment
September 08, 2014
NAB Essential Life making it easier for Australians to protect their families
It’s now easier than ever for Australians to protect themselves and their loved ones with life insurance, with the National Australia Bank (NAB) launching the new online NAB Essential Life protection to coincide with MoneySmart Week. Customers will be able to apply for the NAB Essential Life insurance protection online at nab.com.au in only a
September 05, 2014
The Harvard scholarship winner plotting a revolution in financial planning
A winner of a scholarship to study at Harvard in the US has his sights set on nothing less than a revolution in how financial planning services are delivered. A 2015 Menzies Scholar for the Commonwealth of Australia, Simon Malian, is studying a Master of Science, majoring in computational science and engineering. He plans to use
September 05, 2014
Why mining tax repeal and SG freeze pose dilemma for professional financial planners
If you were hoping to find a thread of logic through the government’s scrapping of the minerals resource rent tax (the “mining tax”) and freezing superannuation guarantee (SG) contributions, you might have been disappointed. There’s better news if you were looking for a trend, but that trend poses an exquisite dilemma for a financial planner.
September 05, 2014
REVEALED: Professional Planner|Zenith Fund Awards 2014 – the first finalists
The team at Zenith Investment Partners has been working overtime making a list – and checking it twice – and for an elite group of fund managers, all their Christmases will come at once (and early) when the winners of the 2014 Professional Planner|Zenith Fund Awards are unveiled next month. In the meantime, the first
September 05, 2014
NWQ Fiduciary Fund achieves Number One Ranking for Asia Pacific
The rapidly growing Perth-based, boutique investment firm, NWQ Capital Management (“NWQ”), is pleased to advise that its flagship NWQ Fiduciary Fund has achieved the number one ranking for risk-adjusted performance for Asia-Pacific (ex-Japan) fund-of-hedge-fund investment products from the influential Eurekahedge research house. The top ranking, achieved at the end of July, compared 52 funds which
September 04, 2014
Asset allocation: The changing face of strategy and execution
SPDR ETFs by State Street Global Advisors (SSgA) recently hosted closed sessions with brokers and independent financial advisers (IFAs) at which Dan Farley, Chief Investment Officer for SSgA’s Investment Solutions Group (ISG), discussed in detail how scalable, cost-effective portfolio solutions are needed to meet investors’ needs, particularly in today’s fast-changing market. “The overwhelming feedback from
September 04, 2014
HUB24 passes $1 billion milestone
HUB24 confirms that it has exceeded $1 billion in Funds Under Administration (FUA) on its investment and superannuation platform. We would like to take this opportunity to thank all clients, shareholders and staff in supporting us in reaching this important milestone. HUB recently released its results for 30 June 2014 with FUA of $854 million
September 04, 2014
Top pension fund assets hit $US15 trillion
Total assets of the world’s largest 300 pension funds grew by over 6% in 2013 (compared to around 10% in 2012) to reach a new high of almost US$15 trillion [$16.05 trillion] (up from US$14 trillion in 2012), according to Pensions & Investments and Towers Watson research. The P&I/Towers Watson Global 300 research, conducted in
September 04, 2014
Housing affordability steady for June quarter 2014
The June Quarter edition of the Adelaide Bank/REIA Housing Affordability Report has found that housing affordability remained relatively steady with the proportion of income required to meet loan repayments increasing slightly by 0.3 percentage points to 30.9%. Commenting on the report’s findings, Damian Percy, General Manager of Adelaide Bank said: “South Australia showed the greatest
September 03, 2014
