Australians are prioritising spending on holidays and leisure over other longer term financial goals according to a nationwide poll from TAL. The research has found that the festive spirit of Australians was not dampened by any predictions of economic uncertainty in 2013, with almost three quarters of Australians (74%) rating spending on leisure as their [...]
continue readingRaboDirect, one of the leading online savings and investment bank, is calling on Australians to take stock of their finances and put a plan in place after a recent survey found that 60% of those uncomfortable with their finances find financial planning daunting and are least likely to try to stay informed about money matters [...]
continue reading
Many investors who invest in a managed fund that has been performing strongly are destined to be disappointed by its subsequent performance, an analysis by van Eyk Research shows. van Eyk Head of Asset Consulting Jonathan Ramsay said an analysis of top performing managers showed that fund outperformance very rarely lasted for more than a [...]
continue readingAustralians are working harder than ever before in order to secure a comfortable standard of living but they are sacrificing work-life balance according to a recent survey commissioned by consumer awareness campaign Lifewise. Lifewise’s recent survey of 1,207 Australians has revealed Australians overwhelmingly value a work-life balance with 76% of respondents recognising it as important [...]
continue reading
Qantas Superannuation Ltd (Qantas Super), the Trustee of the A$6bn Qantas Superannuation Plan, has appointed Russell Implementation Services Inc. (RIS), a part of Russell Investments, to provide agency foreign exchange (FX) services. This initiative will provide Qantas Super with complete transparency around its FX trading costs and could deliver cost savings to its members in [...]
continue readingZenith Investment Partners (Zenith) has announced the completion its 2011 International Shares Sector Review and Zenith Senior Investment Analyst Steven Tang confirmed 51 funds achieved a Recommended rating. The 51 Recommended Funds have been included on the national research provider’s Recommended List and are available for inclusion for client model portfolios. Commenting on the review, [...]
continue readingRussell urges investors to consider cash alternatives with new ETF Global investment services firm Russell Investments is encouraging investors to think outside term deposits and cash and look for income alternatives such as high dividend paying shares which can boost returns, provide capital growth and be more tax effective. Russell’s High Dividend Australian Shares ETF [...]
continue readingASIC has obtained orders in the Federal Court of Australia to wind up York Capital Limited (York) following the company’s failure to lodge its financial reports and hold annual general meetings for the past three years. On 29 June 2011, the Federal Court of Australia ordered that York be wound up and appointed Mr Paul [...]
continue reading
BT Wrap launches market leading tax and trading tools The changes include powerful new tax tools that could mean a better after-tax investment return for clients on particular transactions and new trading enhancements that reduce the time spent on portfolio management, client reviews and rebalances. Head of BT Wrap, Chris Freeman, said the changes were [...]
continue readingLast year, the government announced a new tax system for managed investment trusts (MITs) that will reduce complexity, increase certainty and minimise compliance costs for MITs and their investors. In April, a further announcement was made to defer the start date of the new laws from 1 July 2011 to 1 July 2012. The government [...]
continue reading
0 comments