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Superannuation

Don't forget to lock and back-up: Symantec

Security software solutions Symantec has urged companies to ensure their IT systems are secure and backed-up over the Christmas break because the holiday season is also the peak time when they are most vulnerable to financial fraud.

Planner PI insurance reforms unclear: AFA

Government proposals requiring financial services licensees, such as planners, to take out professional indemnity (PI) insurance to cover potential compensation claims about the quality of their advice have met mixed reactions from industry experts.

ALP finally agrees to back Budget super reforms

ALEX DUNNIN  |  THURSDAY, 7 DEC 2006
It was a long time coming, but the Australian Labor Party (ALP) has bowed to the inevitable and finally agreed to back the government's superannuation reforms announced in the Federal Budget.

Patersons' poor compliance under review

The Australian Securities and Investments Commission (ASIC) has called on specialist stockbroker Patersons Securities to review its monitoring and supervision of staff after it found that two Patersons employees may have risked client funds through poor ...

GoldLink launches commodities index fund

HAMISH MADDEN  |  THURSDAY, 7 DEC 2006
GoldLink Capital Asset Management has announced the launch of its GoldLink Commodity IndexPlus Fund offering investors returns linked to commodity indices with a degree of downside risk protection.

AMP Capital Core Property Fund scores highest rating

HAMISH MADDEN  |  WEDNESDAY, 6 DEC 2006
The AMP Capital Core Property Fund has been awarded the highest rating from property investment research consultancy Managed Investment Assessments (MIA) owing to its significant diversification characteristics and healthy returns.

Manage risks not returns

ALEX DUNNIN  |  WEDNESDAY, 6 DEC 2006
Investment managers will guarantee their long-term survival if they focus first on managing risks rather than returns, as good returns will almost always follow sound risk management practices.

AUSTRAC's power to be checked

WWW.THESHEET.COM  |  WEDNESDAY, 6 DEC 2006
A Senate Committee report on the government's proposed anti-money laundering (AML) legislation has responded to finance industry concerns with recommendations for a longer implementation period and curbs on the power of AUSTRAC, the body that will administer ...

GDI Property aiming for big returns from small portfolio

HAMISH MADDEN  |  WEDNESDAY, 6 DEC 2006
Direct property specialist manager GDI Property Group has acquired two new properties for its new GDI Total Return Fund while at the same time highlighting an increase in investor appetite for small value-add direct property portfolios.

DIY funds tail the experts

The latest survey from specialist self-managed super fund (SMSF) admin provider Multiport show that SMSFs have returned 10.1 per cent in the year to September, marginally below the returns of a comparable super fund option, the Rainmaker/Selecting Super ...