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| | | ... take advantage of the reforms don't know the new rules exist. Mercer Wealth Solutions conducted a study in March where a random sample of 300 working Australians aged 50 and over (the baby boomer category) were asked about their opinions of the "simpler ... |
| | | | The New Zealand Government has appointed the six super funds it has chosen as default providers for its KiwiSaver voluntary retirement savings scheme. The six providers are the ASB banking group, AMP, ING, Mercer, National Mutual Corporate Super and ... |
| | | | AMP Financial Planning (AMP FP) said it will review the superannuation switching advice it gave to around 35,000 clients, revised up from an earlier estimate of 7,000, as part of its enforceable undertaking (EU) entered into last year. Coinciding with ... |
| | | | ... return for a slightly higher portfolio risk of 15," said McCrum. The problem, said McCrum is that "currency movements are random and it's impossible for even the most astute investor to predict its future direction." It's why many investors and advisers ... |
| | | | ... based on real-life member accounts over any time period. "I would be prepared to bet that if we have a truly independent random assessment of the average performance of the super fund you're recommending and put that up against the industry fund performance ... |
| | | | Concentrated or high conviction funds are great but diversified long-short funds are even better, according to a performance comparison study by investment manager WestLB Mellon Asset Management (WMAM). With high conviction funds gaining popularity ... |
| | | | The UBS/Gallup Index of Investor Optimism, a long-running monthly index that tracks investor confidence in the US, has dipped to a new low of 53 points, nearly half its base level of 93 points at the start of the year. While most research forecasting ... |
| | | | ... disclosure statements. We call on them, or the regulator, to prove these claims through a public audit process, with full, random audits of claimed fees and costs." |
| | | | ... funds and, in a lot of cases, failed to disclose the costs incurred by switching. ASIC's investigations, which reviewed a random selection of 300 AMPFP client files, also found that the group's website promoted advice on a broader range of products than ... |
| | | | Research just released by the US-based Investment Companies Institute (ICI) reveals that investors in the US and Australia seem to be struggling with the same information frustrations. The findings from the research, conducted in February 2006 from ... |
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