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Australians don't want government to step in on super: research

DARREN SNYDER  |  MONDAY, 26 OCT 2015
It appears a widely held view by older Australians that federal government intervention with superannuation will damage their retirement savings. According to annual research released by REST Industry Super today, 86% of more than 1,000 respondents ...

Beware 'apples with apples' super comparisons

DARREN SNYDER  |  FRIDAY, 23 OCT 2015
... funds in the market rather than to explain why they have deliberately chosen very conservative strategies. For example, the top performing MySuper products in 2014-15 earned 12% but the lowest performing MySuper products earned half that, or 6%. Rainmaker ...

XTBs added to Praemium, HUB24 super platforms

ALEX BURKE  |  WEDNESDAY, 21 OCT 2015
... Praemium's superannuation platforms. XTBs provide retail investors access to units of individual corporate bonds issued by the top 50 ASX-listed companies. As of today, they are available on 19 investment platforms and 90 Australian financial services ...

Pengana finding plenty to buy

DARREN SNYDER  |  WEDNESDAY, 21 OCT 2015
... people's money is invested in mainstream "benchmark aware" strategies or strategies that are also heavily weighted to the ASX top 20 or top 50. A quick glance at fund shows during August and September shows substantial purchases included a material holding ...

SG Hiscock finds value far from ASX big caps

LAURA MILLAN  |  MONDAY, 19 OCT 2015
... advisers are starting to think that investing in big caps is not enough anymore. Their clients are keen on investing outside the top 100, but concerned by what it means for volatility and risk," Burns said. The portfolio's volatility since inception ...

Mandate tide turns towards global equities

LAURA MILLAN  |  MONDAY, 19 OCT 2015
... pay more attention to their cashflow as payments and superannuation benefits increase." UBS Asset Management is among the top 10 managers to receive more mandate inflows over the last three years. Head of Australia and New Zealand Bryce Doherty said ...

Government using super as "petri dish": Labor

DARREN SNYDER  |  FRIDAY, 16 OCT 2015
... need to work out. We do need to make it fairer. It is not fair right now to have 38% of the concessions flowing just to the top 10% of income earners," Chalmers said. Labor NSW MP Patrick Conroy said the government had a choice about the concessions ...

National Achievement Awards to recognise top executives

DARREN SNYDER  |  THURSDAY, 15 OCT 2015
... the 2015 National Achievement Awards A close on November 6 and hype is already building around who will collect this year's top prizes. The National Achievement Awards are a joint initiative by La Trobe Financial and Financial Standard, and will again ...

Use of bank-aligned advisers in decline

LAURA MILLAN  |  WEDNESDAY, 14 OCT 2015
... customer," Roy Morgan Research director of industry communications Norman Morris said. He defined high value customers as the top 20% that controls 63% of the total market value of financial services. "Nearly three quarters of this high potential group ...

Big trouble in big China

BENJAMIN ONG  |  WEDNESDAY, 14 OCT 2015
... saw in the China's trade data where imports dropped by a bigger than expected 20.4% in the year to September. And this, on top of a 13.8% fall (yoy) the month before. We're certainly in terrible trouble now. It couldn't be your normal garden variety ...