Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Financial Planning

Budget-govt to lift super co-contribution, reduce surcharge

The Australian government said on Tuesday that it will lift its superannuation co-contribution scheme to 150% of the employee's contribution up to a maximum of $1,500.

InTech says double-digit returns within reach

Asset consultancy group Intech Financial Services reported growth-oriented superannuation funds recorded positive returns in April against a background or negative returns across all major asset sectors.

Super Focus on Budget release

Industry groups are scrambling ahead of tomorrow night to include widespread changes to the current superannuation regime.

ASIC warns licensees over possible AFS breaches

The Australian financial regulator ASIC has warned that some licensees may be in breach of their Australian Financial Services (AFS) licence and has advised that licensees can apply to vary their licence.

Indigo Pacific IPO closes 60% oversubscribed

Lifestyle property financier Indigo Pacific Capital Ltd closed its initial public offering today with a 60% oversubscription.

AAM launches new retail funds

Advance Asset Management, the specialist finds management arm of the St George Group, is to launch 10 new retail funds, which will open to investors in mid-May.

Fund outperformance as much luck as skill: Morningstar

New research by Morningstar has found that fund outperformance has as much to do with luck, as it has to do with a manager exercising any degree of skill.

Sentinel seeks Australian investors

Sentinel, a US manager of US-based residential investment funds, hopes to attract Australian investors to a US$200 million wholesale fund that invests in residential apartments, an asset class largely avoided by Australian investors.

Bluestone buys into reverse mortgage market

AAP  |  MONDAY, 19 APR 2004
Non-conforming lender Bluestone Group Pty Limited is entering the budding reverse mortgage market, offering older Australians fixed interest cash loans for the rest of their lives.

Hedge funds outperform

Hedge funds returned 0.29% in March, outperforming broad market indices, which produced negative returns in the month, according to US-based Hennessee Group.