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| | | The increasing popularity of term deposits among SMSF trustees indicates a broader shift in attitude from viewing cash in terms of liquidity to viewing it as an investment, according to RaboDirect. Recent research conducted by the online bank revealed ... |
| | | | Australia has achieved a world-class superannuation savings scheme, but retirement income remains a significant challenge, according to one manager. Alan McFarlane, chief executive officer at Edinburgh-based Dundas Global Investors said the Australian ... |
| | | | Lawmakers have stepped up and have responded to the history of product flogging in wealth management, leading to an inflection point where the only fund managers that will survive are those willing to reinvent their business. Fund managers will either ... |
| | | | In implementing MySuper, the government is taking on a new role outside its current remit, said Maged Girgis, partner, Minter Ellison Lawyers. The criteria for inclusion on the list of default funds means that the government is undertaking a commercial ... |
| | | | Too many investors have been trying to "have their cake and eat it too" by attempting to use alternatives to chase higher returns and gain diversification in down markets, according to one manager. "The more you're going for those juicy returns, the ... |
| | | | The Pension Beneficiary Living Costs Index rose 0.5% for the June quarter 2012 and 1% across the last 12 months, matching regular inflation. The index, measured by the Australian Bureau of Statistics, tries to capture changes in living costs for retirees ... |
| | | | AustralianSuper has changed the way risk is described in investment options in an effort to help members make clearer choices based on their individual time frames. Modelling and consumer research was used as the basis for determining the most effective ... |
| | | | MySuper will commoditise the superannuation industry, said Rice Warner Actuaries in their latest fee report that was commissioned by the Financial Services Council. "The initial emphasis of MySuper will be on costs rather than investment performance. ... |
| | | | Assistant Treasurer David Bradbury's announcement yesterday of a further delay to tax reform for trusts has sparked debate over the relative merit of using the same timetable for a number of reform strands. Speaking at a CPA Australia lunch yesterday ... |
| | | | Against the backdrop of FOFA and a new cost approach to advice, independent dealer groups are increasingly focused on efficiency and supporting clients across segments. Chris Stevens, general manager of Colonial First State Custom Solutions said dealer ... |
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