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Financial Planning

SMSFs navigate savings

CHRIS NICHOLLS  |  WEDNESDAY, 17 OCT 2007
Self managed super funds (SMSFs) could be the next big client segment of Aviva's Navigator platform, thanks to their online account linking service, according to general manager of wealth management products, Andrew Barker.

Asia Property in $1.55b buying spree

Asia Property fund, an institutional fund jointly sponsored by LaSalle Investment Management and Prudential-owned real estate giant PRUPIM, has bought three properties for $1.55 billion including a 50 per cent stake in a Westfield shopping centre.

Skandia gives multi-managers mandates

CHRIS NICHOLLS  |  TUESDAY, 16 OCT 2007
Skandia has introduced mandate structures to their multi-manager funds, allowing investors access to managers closed to new investors or previously available only through mandates.

MLC gives clients $6.4m bonus

CHRIS NICHOLLS  |  TUESDAY, 16 OCT 2007
MLC has returned over $6.4 million in fund manager rebates to customers over the last twelve months, almost half of its $13.4 million-plus in returns over the past three years.

Governance returns sour Asian alternatives outlook

CHRIS NICHOLLS  |  TUESDAY, 16 OCT 2007
Investors in Hong Kong, Singapore and Kuala Lumpur are avoiding alternative investment classes, according to a new Watson Wyatt survey, citing inadequate governance and a feeling diversification will dilute returns.

MLC offers income protection, split premiums

CHRIS NICHOLLS  |  MONDAY, 15 OCT 2007
MLC has added several new benefits to its Personal Protection Portfolio and Life Cover Super (LCS) insurance products, following recent changes to contribution limits and the removal of Reasonable Benefits Limits.

When insurance matters

MICHAEL HOBBS  |  MONDAY, 15 OCT 2007
In a case study presentation, Anna Norman told the attendees at this year's AFA conference that it was a timely insurance advice from a planner that helped her get her life back on track following a personal tragedy.

Rates rising everywhere bar big bank mortgages

WWW.THESHEET.COM  |  MONDAY, 15 OCT 2007
Plenty of mortgage managers and second tier lenders have pushed home loan interest rates higher in recent weeks as they, or their funders, have passed on some of the rising cost of funds connected to the global liquidity crunch.

CFS Employer Super doubles to $4bn

MICHAEL HOBBS  |  FRIDAY, 12 OCT 2007
Colonial First State's FirstChoice Employer Super has almost doubled its funds under administration (FUA) to more than $4 billion in the space of twelve months.

Exposure to alternatives raises risks

MICHAEL HOBBS  |  FRIDAY, 12 OCT 2007
In the wake of significant market corrections, Russell Investment Group has warned investors and super funds that a high allocation to alternative illiquid assets can pose additional risks to their portfolio.