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Corporate bond demand strengthens: Report

KARREN VERGARA  |  THURSDAY, 3 MAY 2018
... had a positive investment experience with corporate bonds; and 37% intend to increase allocation to this asset class in the next 12 months. The size of corporate bond market stands at about $1 trillion, or about 70% of the size of the ASX. FIIG Securities ...

UniSuper establishes on-campus footprint

HARRISON WORLEY  |  THURSDAY, 3 MAY 2018
... the University of New South Wales and Sydney University. The fund also plans to open additional on-campus centres over the next six months. UniSuper executive manager of advice Jack McCartney said the fund having an on-campus presence would provide members ...

Industry fund appoints new chair

HARRISON WORLEY  |  THURSDAY, 3 MAY 2018
... fund has appointed a new chair. Vision Super has appointed current director Geoff Lake as its new chair for at least the next three years. Lake has served as a director of the fund since 2009, and currently holds directorships of South Gippsland Water ...

Life insurance regulation needs government backing: Poll

KARREN VERGARA  |  WEDNESDAY, 2 MAY 2018
... now to improve provisions within the code. About 72% said the code needs greater clarity. Other areas of improvement in the next iteration must focus on sales practices and advertising, and policy design and disclosure. The poll, which was conducted ...

MDA provider makes key hires

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
... complete. Fund manager discussions are progressing in line with expectations with disclosure documents to be completed over the next month," MGP said. MGP also confirmed that the search for a new chief financial officer is underway. The role will be ...

Retirement income expert joins SMSFA

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
... years working in corporation, and mergers and acquisition law. In July 2004 he joined ASIC serving as deputy chair for the next five years. He chaired a major review of Australia's superannuation system (Cooper Review) in 2009 and a year later became ...

Government to increase SMSF member limit

KARREN VERGARA  |  MONDAY, 30 APR 2018
... the ATO to work with industry on the design and implementation of this important reform, which is expected to commence late next year." Based on ATO FY16 figures, the majority or 69.8% of SMSFs have two members, while 22.9% have one member. Less than ...

What makes a tech company attractive for HNW investors?

KANIKA SOOD  |  MONDAY, 30 APR 2018
As artificial intelligence (AI) disrupts technology over the next decade, tech companies could make for key investments in portfolios of HNW and UHNW individuals, according to a four-person panel led by Crestone Wealth Management in Sydney earlier this ...

First Super to vote against AMP board

ALEX BURKE  |  FRIDAY, 27 APR 2018
... made by Counsel Assisting the Royal Commission today." "We are reviewing those submissions closely and will respond fully next week," the spokesperson said. "The Commissioner will have AMP's submissions in relation to these matters before making any ...

Financial planning must regroup and reform: Social Media

HARRISON WORLEY  |  FRIDAY, 27 APR 2018
... disciplinary actions against members are made public. Otherwise remove this function from the prof bodies as need to protect the next consumer. https://t.co/QHEtqtLG7L - Dr Adrian Raftery (@MisterTaxman) April 26, 2018 Associate professor of financial ...