Marriage equality: Remember to get expert advice on estate planning when tying the knot, says Equity Trustees

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With the survey result on marriage equality in (62% voted yes), and the prospect of wedding celebrations for same sex couples on the horizon, one of Australia’s largest independent executors and holders of more than 50,000 Wills has urged those planning to marry to remember to review their Wills. “There are some legal aspects that […]

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Growing consumer demand for ethical investing: 4 in 5 Australians prepared to switch funds

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9 in 10 Australians expect their superannuation or other investments to be invested responsibly and ethically, new research commissioned by the Responsible Investment Association Australasia (RIAA) has revealed. In an important signal to Australian’s superannuation, banking and wealth management sectors, 4 in 5 Australians would consider switching their super or other investments to another provider […]

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Australian super funds bring derivatives into the mainstream

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Australian super funds are embracing derivatives to perform a wide range of investment functions, according to a new survey by risk management and retirement specialist firm, Milliman. The survey revealed that roughly four in five funds (79%) using derivatives ‘always’ or ‘often’ used derivatives for risk management and hedging while other popular uses included portfolio […]

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Can a financial manager be involved in client’s SMSF?

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We recently had to consider a scenario where a Financial Manager considered establishing an SMSF on behalf of a heavily disabled client (“Individual”) and act as the sole director of the corporate trustee. A Financial Manager (as defined in the relevant Guardianship Act) is a person appointed by the Civil and Administrative Tribunal (“Tribunal”) to […]

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CPD: Socially responsible investment

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First there were ethical funds, then came the broader ‘socially responsible’ investments. Today, the socially aware approach to investment is complemented by impact investing, another investment approach that offers diversification and reasonable yields in strong business sectors. In this article, DomaCom explores the evolution of social responsibility and how it pertains to investment opportunities. The […]

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CPD: Shorts, long stocks and scandals

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As unfashionable as it might be in some quarters, short selling has become entrenched as a legitimate trading strategy in Australia. Investors should take note. Short selling in a stock can forewarn problems and price falls, although short sellers don’t always get it right. Ultimately, it is company fundamentals that dictate stock returns, and to […]

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Digital footprints on death – why they matter

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Social media accounts live on after their creators die, and their existence can create uncertainty for estate executors as well as distress for family members, says Anna Hacker, national manager, Estate Planning at Australian Unity Trustees. “Digital footprints on death are an issue of growing importance as social media usage steadily proliferates – not just […]

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Can an SMSF invest in bitcoins?

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Following on from last month’s article on whether bitcoin was property, we now turn to whether a self-managed super fund can invest in bitcoin. Since their creation in 2009, there has been an increase in interest to invest in virtual currencies such as bitcoin, due to the potential for mainstream usage as a form of digital currency. […]

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The argument for 150/50 investment strategies is compelling

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A 150/50 structure can be an efficient solution for extracting the best risk/return from an approach that tends to be long high-quality stocks and short low-quality stocks. For equities fund manager, Alleron, a 150% geared long portfolio funded by a 50% short sold portfolio, “150/50”, provides a sensible compromise between maximising returns and minimising portfolio risk […]

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Downsizing eligibility: Former homes now eligible under proposed bill

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The Downsizer Contributions measure, currently before the Federal Senate, will allow individuals 65 years or over to use the proceeds in relation to a sale of their main residence to make ‘downsizer contributions’ of up to $300,000 (or $600,000 for a couple) into super.  If passed, the provisions are expected to take effect from July […]

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