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BetaShares Australian share fund gets Lonsec approval

MARK SMITH  |  MONDAY, 1 FEB 2016
The BetaShares Managed Risk Australian Share Fund (ASX: AUST) has been awarded a "Recommended" rating by Lonsec. Launched in November, AUST provides investors with cost-effective exposure to a diversified portfolio of Australian shares, along with the ...

Members should vote for super fund directors

DARREN SNYDER  |  MONDAY, 1 FEB 2016
The Governance Institute of Australia is proposing superannuation members at not-for-profit funds be given the right to vote for trustee directors as a solution to the governance debate. Governance Institute of Australia chief executive Steve Burrell ...

BOJ goes negative to get postive

BENJAMIN ONG  |  MONDAY, 1 FEB 2016
... seems, expected (even imagined) Governor Haruhiko Kuroda & Co to go negative. Starting 16 February 2016, "The Bank will apply a negative interest rate of minus 0.1 percent to current accounts that financial institutions hold at the Bank" - down from ...

Equip to pay super contributions during parental leave

DARREN SNYDER  |  THURSDAY, 21 JAN 2016
... difference in male and female earnings is a contributor to the gender savings gap across Australia but Equip said it does not apply to their employees, "for whom the salary structure is based on role and is agnostic to gender." Equip's online Move the ...

Public sector retirees angry over income exemption cuts

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
... Pension. That government changed this last year but Griffiths said "that deeming measure has been grandfathered, and does not apply to account-based superannuants who were already receiving a part Age Pension." Both groups are calling for grandfathering ...

Aussie large-cap active managers endure massive outflows

DARREN SNYDER  |  WEDNESDAY, 13 JAN 2016
... outcome of sound portfolio management, rather than the sole goal," Wong said. "We encourage investors and their advisers to apply a total return mind-set. Valuation multiples on higher-yielding stocks and sectors have risen over the years, which reduces ...

Adviser standards need a tidy

DARREN SNYDER  |  MONDAY, 11 JAN 2016
... Australia (ASFA) believes it is not clear how proposed education and training requirements for financial advisers would apply to robo-advice. ASFA says if financial advice was to be provided online (robo-advice) by a corporate entity it is unclear how ...

The Fed's done it

BENJAMIN ONG  |  THURSDAY, 17 DEC 2015
... over news.com.au's, "The long wait is over, and the news is good: The Force Awakens heralds the new dawn you hoped for" and apply this to the US Federal Reserve's decision to finally raise the fed funds rate from 0-0.25% to 0.0.50% starting on the 17th ...

Women in Super names recipients of 2015 NSW scholarship program

MICHELLE BALTAZAR  |  MONDAY, 7 DEC 2015
... designed to help members access various courses to boost their professional skills. On this occasion, recipients can choose to apply for a rogenSi Professional Development Skills Program, a Women on Boards Getting Started Program; or a three day AIST ...

Parliament tables new tax laws for investment trusts

LAURA MILLAN  |  MONDAY, 7 DEC 2015
... Managed Investment Trusts) Bill 2015 in Parliament on the last day of the sitting season. If approved, the proposed rules will apply from 1 July 2016 and will reduce complexity, increase certainty and minimise compliance costs for managed investment ...