Term deposits: time to ditch the pessimism?
Although term deposits secure capital, it means giving up the potential for capital benefit as the Australian economy cools. Losses haven’t been realised because term deposits are not valued to market rates on a regular basis
October 22, 2012
Cherry on top: The case for scaled advice
Scaled advice is in many ways what both advisers and their clients have been calling out for since the introduction of the Financial Services Reform Act. Scaled advice does not replace comprehensive advice, and nor is it panacea to be used in all occasions C and D clients:
October 18, 2012
Mortgage Choice plans to blaze franchise trail
Mortgage Choice has opened the first of 10 financial planning businesses it plans to trial over the next six months with a view to having 60 planners operating across Australia in three years' time. Mortgage Choice Financial Planning will operate as a separate franchised business to the existing mortgage broking business, although it will initially leverage heavily off the broking side of the business.
October 16, 2012
Divorce model reveals the costs of delay
Divorce proceedings can be financially devastating for the parties involved but a new financial-advice modelling tool claims it is possible to cut months off the length of a typical settlement process.
October 16, 2012
Accountants trickle into planning before 2016 flood
As many as 1000 accountants will transition from advising on self-managed super funds to offering a full financial planning service by 2016. While Minister for Financial Services and Superannuation Bill Shorten expects to see up to 10,000 accountants become licensed under the recently introduced limited Australian Financial Services Licence (AFSL), which will replace the accountant’s exemption from next year, questions remain over which business models will best manage the new environment.
October 15, 2012
Shot in the arm no good for rising dragon
The US Federal Reserve’s quantitative easing came on the heels of China announcing infrastructure spending. The measures by these two countries highlight the deep divide between the “two-speed world”. Cash-rich emerging markets such as China can employ fiscal firepower to counter economic slowdown, while mature markets with deep budget woes – such as the US – must rely on printing money.
October 15, 2012
IFAs urged to reconsider value proposition
Quality of advice alone does not offer IFAs a “compelling differentiator” from larger groups and rejecting managed funds is the first step to true independence. A compelling differentiator Rethinking managed funds
October 11, 2012
Fund managers bullish on shares, cash loses lustre
Investment managers expect a sustainable turnaround in the Australian share market within the next 12 months, according to a Russell Investments’ Investment Manager Outlook (IMO) survey. According to the IMO, which regularly collects the opinions of around 40 Australian fund managers, 77 per cent of managers expect a turnaround in the local market to occur by the end of 2013, while 63 per cent see it happening by the end of the 2012/13 financial year.
October 09, 2012
The digital economy: a short fuse with a big bang
Identifying real change The length of a fuse According to the report, 32 per cent of the Australian economy in sectors such as media, retail, finance and real estate will face significant digital disruption in the near future – a short fuse with a big bang. There’s bang, then there’s bang for buck
October 08, 2012
Schroder is Fund Manager of the Year
Schroder Investment Management has been named the Fund Manager of the Year, in the Professional Planner/Zenith Fund Awards 2012. Fund Manager of the Year Schroders Bennelong Funds Management, Grant Samuel Funds Management Celeste Funds Management
October 05, 2012
Top fund managers named today
The best fund managers in the county will be recognised this afternoon at an awards ceremony in Sydney, hosted by Professional Planner and Zenith Investment Partners. The awards, based on Zenith’s highly respected research methodology, cover 15 distinct fund categories, as well as Fund Distributor of the Year and Fund Manager of the Year Diversified funds
October 05, 2012
