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Financial Planning

New super laws pass through parliament

Laws closing existing MP's generous superannuation scheme were passed by parliament but sitting MP's have retained their current superannuation arrangements.

Vanguard claims top marks

Ratings company Morningstar has given its highest rating to Vanguard Investments' passive-style listed property trusts, which it said has beaten the market and many of its active peers over the last three years.

ACA and ASFA gang up on proposed fee disclosure package

The Association of Superannuation Funds of Australia (ASFA) and the Australian Consumer Association (ACA) have together criticised the government's latest proposed super fee disclosure package citing concerns for consumer protection.

PM Capital announces soft close

PM Capital has today confirmed to clients the soft closure of its PM Capital Absolute Performance (APF) and Australian Opportunities Fund (AOF) effective 30 June.

UK pension funds to dump equity: IMA

A survey in the UK conducted by the Investment Management Association (IMA) has found UK pension funds could shift as much as stg150 billion away from the UK equity markets during the next three years.

Mixed response to Govt's preferred fee disclosure model

The Association of Superannuation Funds of Australia (ASFA) said the Government's preferred fee disclosure model for superannuation released yesterday is critically flawed going only part of the way to addressing consumer concerns.

Labor, coalition combined to defend current MP super benefits

Labor and coalition senators combined to resist the passage of legislation through the Senate yesterday that would have seen superannuation entitlements for MP's wound back levels in line with community standards.

Govt's preferred fee disclosure model due this week

Sources have revealed to the Financial Standard, the Government's soon-to-be released preferred fee disclosure model will separate the treatment of product fees from advice fees.

ASX launches index for options hedging

AAP  |  WEDNESDAY, 16 JUN 2004
The Australian Stock Exchange has launched a new index for fund managers who want to sell equivalent options to hedge the risk of buying shares.

AIA continues attack on funds managers: report

The Australian Investors Association (AIA) has continued its attack on disclosure practices in the financial services industry, saying fund managers of all variety were attempting to conceal the real costs of investments made through them, Sydney's Daily ...