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FSI zeroes in on vertical advice and retirement income

LAURA MILLAN, JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
... payments." The FSI interim report also dedicated a section to retirement income, putting the issue of longevity risk at the top of the agenda. It stated that "the retirement phase of superannuation is underdeveloped and does not meet the risk management ...

Frantic pace of alternatives growth revealed

MARK SMITH  |  TUESDAY, 15 JUL 2014
... total global alternative assets under management hit US$5.7 trillion, up from US$5.1 trillion in 2012. Assets managed by the Top 100 alternative investment managers globally reached US$3.3 trillion in 2013, up from $3.1 trillion in 2012. Of the Top 100 ...

Challenger adds Australian equity boutique

MARK SMITH  |  TUESDAY, 15 JUL 2014
... retail analyst for the large cap fund. Prior to this she was an analyst/portfolio manager at AMP Capital for 8 years in a top performing team where she was involved in stock research across a broad variety of sectors and portfolio management of the large ...

Run with bulls

BENJAMIN ONG  |  TUESDAY, 15 JUL 2014
One more time, from the top: "I get knocked down But I get up again You're never going to keep me down." -- Chumbawamba Yeah, yeah, yeah Virginia, the financial troubles of Portugal's Banco Espiritu Santo may have stirred market anxiety last week - ...

Australian students get top marks for financial literacy

HARRY PAGE  |  THURSDAY, 10 JUL 2014
Australian students were amongst the top performers in the OECD's Programme for International Student Assessment (PISA) 2012 Financial Literacy assessment, which is the first international study of students' financial literacy. The study assessed the ...

HK funds market climbs to A$2.4tr

ALEX DUNNIN  |  THURSDAY, 10 JUL 2014
... said: "The record high assets under management of our combined fund management business at the end of 2013 ranks us among the top asset management hubs in Asia ex-Japan." "Significant inflows of overseas capital underscore the value and attractiveness ...

Fed alert to market reaction to Fed action

BENJAMIN ONG  |  THURSDAY, 10 JUL 2014
"I get knocked down But I get up again You're never going to keep me down." -- Chumbawamba Yes Virginia, we didn't expect anything less 'eh my lady? If it didn't happen overnight, it'll happen tomorrow... or the day after. Wall Street got knocked down ...

Funds return 11% in May

STAFF WRITER  |  MONDAY, 7 JUL 2014
... and direct property 9% but A-REITs have rebounded from a rolling 12 month return at end April of 3% to 7% at end May. The top three Workplace super funds (by default options) over 12 months were Telstra Super, CBUS and AUSCOAL, and the top Personal super ...

Federal Court judgements contradictory on adviser liability

LAURA MILLAN  |  MONDAY, 7 JUL 2014
The Federal Court has issued two separate and contradictory judgements that cast a doubt over financial advisers' proportionate liability when facing client legal claims. Within less than one month, the Full Court of the Federal Court has judged the ...

Investors Mutual gets in on LIC act

MARK SMITH  |  MONDAY, 7 JUL 2014
... to a ready-made diversified portfolio of Australian shares. QV Equities Limited (ASX: QVE) invests in companies outside the top 20 stocks in the ASX 300, an approach which Investors Mutual founder and investment director Anton Tagliaferro hopes will ...