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Financial Planning

DIY investors all cashed up

MICHAEL HOBBS  |  THURSDAY, 27 SEP 2007
Self managed super fund (SMSF) investors may not have a crystal ball on hand but a new survey found that many of them sold out of property and equities well before the July/August market correction.

Asgard eWRAP admin fees down 7.5pc

The cost of investing in managed funds through Asgard's eWRAP will fall by up to 7.5 per cent after the funds administration platform decided to pass on its tax savings.

Reverse mortgages not thicker than blood

MICHAEL HOBBS  |  WEDNESDAY, 26 SEP 2007
Parents who use a reverse mortgage to lend funds to their children could face losing part of their pension on a technicality, said Louise Biti, head of technical services at Asteron.

Margin loan changes more than marginal

ALEX DUNNIN  |  WEDNESDAY, 26 SEP 2007
Changes are afoot in margin lending with some product providers adding flexibility to their offering while others are clamping down and clipping their client's wings.

Living in a volatile world: Pengana

ALEX DUNNIN  |  WEDNESDAY, 26 SEP 2007
Living in interesting times means now may be the time to focus on volatility itself instead of just traditional performance measures, said Alvin Wilkinson, principal portfolio manager of the new Pengana Global Volatility Fund that is due to launch in ...

Investors Accru SMAs

CHRIS NICHOLLS  |  TUESDAY, 25 SEP 2007
High net worth advice specialists Accru Financial Planning (AFP) have partnered with BlackRock to offer Separately Managed Accounts (SMAs) on its menu.

Aust Unity FP in the red

MICHAEL HOBBS  |  TUESDAY, 25 SEP 2007
A restructure in Australian Unity's financial planning division has resulted to more divisional losses this year compared to 2006 despite funds under advice growing 57 per cent to $300 million.

MLC to brandish ISO 9001 logo

MICHAEL HOBBS  |  TUESDAY, 25 SEP 2007
The "ISO 9001 certified" stamp is the international symbol of quality control in food, computers and other manufacturing goods. Now financial planning is set to undergo the same rigorous checks too following a historic deal between MLC and standards ...

Reverse mortgages stumped by slump

CHRIS NICHOLLS  |  MONDAY, 24 SEP 2007
The reverse mortgage market continued its exponential growth last financial year, but housing market downturns, especially in NSW, tempered the surge, according to the latest SEQUAL/Trowbridge Deloitte Reverse Mortgage Market Study.

Markets still at risk: Tagliaferro

MICHAEL HOBBS  |  MONDAY, 24 SEP 2007
One of the country's leading fund managers, Anton Tagliaferro, is the latest stockmarket expert to voice his concerns about investor attitude towards risk and observed that today's investors are less risk-aware compared to their predecessors.