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Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 27 JUL 2016
... whose fiscal strategy Australia would normally ridicule, namely Italy and France. "General government debt ratios in the advanced economies averaged 106% of GDP at end 2015, up from 72% at end 2007," noted the report as it warned that "worried investors ...

NAS wins custody mandate from absolute return manager

ALEX BURKE  |  MONDAY, 25 JUL 2016
... Fund Management selected NAS because, in principal George Colman's words, "We were impressed with NAB Asset Servicing's advanced back office technology and their ability to move quickly to meet our requirements. "Their specialist knowledge with respect ...

Independent body will make new standards simpler: FPA

KERRIE SYDEE  |  FRIDAY, 22 JUL 2016
... planners will not need to complete a bachelor's degree but may need to upskill if they currently only hold a diploma or advanced diploma. "The minister has confirmed that no existing financial planner will be required to complete a bachelor's degree. ...

HUB24 FUA exceeds 120% growth

KERRIE SYDEE  |  FRIDAY, 15 JUL 2016
... and introduced 89 new advisers to the platform. "Our new business pipeline remains strong with well-known licensees in advanced discussions regarding the use of HUB24's white label and retail platform offering," the statement read. There are currently ...

MORE Super switches to Simple Fund 360

MARK SMITH  |  MONDAY, 11 JUL 2016
... long-term engagement expense." "Simple Fund 360 is shaking up the SMSF administration industry" according to Lesh. "It is so advanced, automated, ticks all the boxes and connects all the dots, it truly is the next generation SMSF solution." MORE Super ...

New Spring FG SMSF platform opens

MARK SMITH  |  MONDAY, 27 JUN 2016
... "In addition to an array of integrated investment options, trustees and members will be provided with Australia's most advanced suite of SMSF management and reporting tools through our integration to Class Super's powerful digital tool-set," he said. ...

Instos begin litigation against Volkswagen

DARREN SNYDER  |  FRIDAY, 24 JUN 2016
... large number of additional funds and international asset managers. In total, the expectation is that the claims to be advanced by the whole group will ultimately run into the billions of euros," Bentham Europe said. California State Teachers' Retirement ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 23 JUN 2016
... Westpac-Melbourne Institute Leading Index of Economic Activity. The index tracks future economic activity three to nine months in advanced. The index increased by 0.20 points to 97.0 in May - the highest reading since October 2015 - from 96.80 in April. ...

Time to fear the no "fear gauge"?

BENJAMIN ONG  |  MONDAY, 30 MAY 2016
... if you will but not Fed head Janet Yellen's. At her latest outing last Friday at the Harvard's Radcliffe Institute for Advanced Study, Janet told her audience that: "It's appropriate, and I've said this in the past, I think for the Fed to gradually and ...

Equities out, alternatives in for pension funds

ALEX BURKE  |  THURSDAY, 26 MAY 2016
... 15.3% in 2014. "Shifting market values factor into changing asset allocation; however, given that equity markets have advanced through most of this time period, it appears that on average, funds have been reducing equity exposure in favour of larger ...