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Superannuation

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 ...

FinLit database to identify gaps and overlaps

ALEX DUNNIN  |  TUESDAY, 5 DEC 2006
Following the launch of the UnderstandingMoney campaign, the Financial Literacy Foundation is now setting up a database of financial literacy programs while also expanding its programs into vocational education.

Access Economics still top consultant: Rainmaker

ALEX DUNNIN  |  TUESDAY, 5 DEC 2006
The latest Rainmaker super fund asset consultant performance survey confirms Access Economics has held onto top spot as Australia's best performing asset consultant.

Plum treads its own path past $8b

HAMISH MADDEN  |  TUESDAY, 5 DEC 2006
Plum Financial Services has just passed $8 billion in funds under administration, the business putting its success down to a focus on member retirement outcomes and the incorporation of behavioural finance into product development.

Plan your pre-nup: HLB Mann Judd

In an age where many couples are living together before marriage or delaying their wedding date, accounting firm HLB Mann Judd said a pre-nuptial agreement (pre-nup) is a must.

Devote 20 per cent or more to direct property: ADPIA

HAMISH MADDEN  |  TUESDAY, 5 DEC 2006
The Australian Direct Property Investment Association (ADPIA) said investors should be allocating at least 20 per cent of their portfolios to direct property.

IPO activity at record levels: Deloitte

HAMISH MADDEN  |  TUESDAY, 5 DEC 2006
A Deloitte report has found that an expected spike in initial public offer (IPO) activity in December will push the number of IPOs this calendar year to record levels, however the total value of all public floats will be virtually half the 2005 figure.