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SMSF pool still ripe for financial advice: AMP

KANIKA SOOD  |  FRIDAY, 13 APR 2018
Self-managed super fund trustees seeking financial advice jumped 6% last year, and they are hungry for further advice, according to AMP Capital research. Sixty-three per cent of SMSF trustees told AMP Capital they would entertain further financial advice ...

SG non-compliance declining: ATO

KARREN VERGARA  |  FRIDAY, 13 APR 2018
... of transitioning to SuperStream as the smaller funds manage their way through the change. But based on relative size, the top 20 funds account for most of non-conforming contributions (76.8%), the ATO said. Small-sized funds also tend to carry a relatively ...

Instos chasing EM debt for value

ALEX BURKE  |  WEDNESDAY, 11 APR 2018
... 2016, so you've seen a decent rebound in EM returns and that has kind of put a floor under the asset class. Obviously, on top of that, there's a general lack of compelling value propositions in developed markets," he said. "Finally, the fundamentals ...

Flinders fund offers insto rates for retail investors on HUB24

KANIKA SOOD  |  TUESDAY, 10 APR 2018
... blue chip stocks will struggle to deliver capital growth in coming years, the investment manager said. "Looking at the ASX top 20 - right across the big banks, miners, supermarkets and Telstra - there's nothing that looks very attractive in terms of ...

CFSGAM model portfolios added to FirstWrap

JAMIE WILLIAMSON  |  MONDAY, 9 APR 2018
... Global Asset Management are now available exclusively on the FirstWrap platform. Users of FirstWrap can now access the CFSGAM Top 20 Index Portfolio, designed to achieve performance similar to the S&P/ASX 20; the CFSGAM Concentrated Share Portfolio comprising ...

MySuper growth leads industry

KANIKA SOOD, DARREN SNYDER  |  FRIDAY, 6 APR 2018
... This includes the Workplace (MySuper/Default), Personal (Balanced) and Retirement (Balanced) categories. Rainmaker noted the top five products across each of these segments returned more than 12% for the 12 months. This is around twice the target long ...

Antipodes expands investment team, creates active ETF

DARREN SNYDER  |  THURSDAY, 5 APR 2018
... making an additional hire in its London-based research office. It will be the fourth hire in London. Active ETF launch On top of its established Listed Investment Company (LIC), Antipodes expects to launch an exchange-quoted managed fund or "an active ...

Fortnum lands investment veteran as chairman

KANIKA SOOD  |  THURSDAY, 5 APR 2018
... economist to chair its investment and insurance committee. Joining Fortnum is Nigel Douglas. He has headed research at several top financial institutions in a career spanning 30 years. Douglas's appointment comes as Fortnum pushes for growth in its managed ...

Increasing SG is not the answer: O'Dwyer

KARREN VERGARA  |  THURSDAY, 5 APR 2018
... income at the cost of reducing their current standard of living, she said. O'Dwyer added this is something that should be top of mind in a historically low-wage growth environment. She also hit back at the super industry that's "often very quick to point ...

Two industry funds merge

KARREN VERGARA  |  THURSDAY, 5 APR 2018
... and the mutual finance sector, is currently on the hunt for a new chief executive. Anthony Rodwell-Ball departed from the top job on 31 March 2018 and general manager of operations Laura Wright takes over until a permanent successor is named. The merger ...