Throw out relative performance tables: FinsiaBY MARK SMITH | THURSDAY, 11 SEP 2014 12:25PMThe way superannuation funds measure performance should be thrown out and replaced with a system which discourages short-termism and helps consumers think about their retirement pot as an income pool, rather than a pot of gold. Related News |
Editor's Choice
The top investment funds over the past year
The top-performing investment funds for the year ending March 31 have been announced, with all being ETFs focused on international equities.
AFCA finds more Dixon Advisory victims
The Australian Financial Complaints Authority added 544 more Dixon Advisory-specific victims to total 2492 complaints at the end of April, which will further exacerbate the levy financial advisers must pay.
Senior Cbus investment manager exits
Cbus' head of total portfolio management has left the fund, while a former JANA executive has joined its infrastructure team.
Quality of retirement does not depend on super balance: Bragg
The Senate Economics Committee has released its interim report into using super for housing.
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
I couldn't agree more. What needs to be thought of is the long term goals of the superannuant and how much risk do they: (a) need; (b) can they personally tolerate; (c) can their portfolio bear.
It is fine to be top of the tables, but how much risk should have been taken for the client, how much risk was taken to get these returns are very important questions.