Is art appropriate for your self-managed superannuation fund?

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Art can be an attractive alternative investment, with many people buying it because of their passion and its scarcity. But, is it appropriate for your self-managed superannuation fund? Ordinarily we don’t recommend art at Omniwealth for financial planning purposes. Investments in collectables and personal use assets such as art, jewellery, and wine cannot provide a […]

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Smart Defaults: why trustees dumping MySuper members in one investment bucket is no longer good enough in this digital age

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What would happen if you as a professional financial adviser placed all your clients in the same investment, regardless of amount involved or remaining human capital, for up to the next 45 years? Surely your colleagues and peers wouldn’t let you do it! You would lose credibility, face inquiries, lose accreditation and have to leave […]

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Proper planning is always key to a succession and estate plan

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Good estate planning is not only about the Will but in the detailed planning that goes into the other aspects of the estate to achieve the best outcome for your loved ones. Advice and documentation on succession and estate planning should take place sooner rather than later. It becomes difficult to have documents prepared and […]

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Why the industry’s “comfortable retirement” measures are wrong

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The superannuation industry has placed an extraordinary emphasis on helping members achieve a “comfortable” retirement given it has so little information about what it actually means. What we do know is largely composed of averages and assumptions which are ranked against the ASFA Retirement Standard’s portrait of the average Australian. The standard represented an important […]

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CPD: Local investment properties vs going global

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Your house and the Australian share market Some domestic investors seek diversification by coupling Australian shares with domestic investment property (usually residential). However, we would argue that – at the extreme – these two asset classes could turn out to be highly correlated. How so? Consider the following: more than 35% of the S&P/ASX 200 […]

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Brokers provided with enhanced loan protection offering for home buyers

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ALI Group, the leading provider of loan protection insurance to the broking industry that covers Australian home owners from financial hardship, has announced enhancements to its core product offered by brokers, Loan Protection Plan. The enhancements will provide brokers with an improved solution to protect their clients, and are based on feedback ALI Group received […]

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Opportunity lies in quality companies for domestic equities, says DNR Capital

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The Australian equity market continues to look relatively cheap, despite having produced positive returns for seven out of the past eight years, according to leading equity fund manager DNR Capital. “This is an extended run by historical standards and the price-earnings multiple of the market is trading towards the upper band,” says DNR Capital Chief […]

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The end of the affair?

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Synchron has revealed progress on a term level life insurance offer being developed by AIA Australia (AIAA) which Synchron Director, Don Trapnell said will help end the industry’s love affair with yearly renewable premium rates. Speaking at Synchron’s recent Sydney Professional Development Day, Mr Trapnell said, “Australia is the only country in the world that […]

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Two compelling investments for the year ahead

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Many typical investments don’t seem to offer much of a bargain these days. Government bond yields are well below long-term averages, thanks in part to the secular economic environment that PIMCO has dubbed The New Neutral, but also thanks to major central banks having suppressed long-term interest rates via ultra-low (sometimes negative) policy rates and […]

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Investors need to set realistic expectations for high-yield bonds

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High-yield bonds have been on a solid run due to improving economic data, tightening credit spreads and fund inflows. Although they can play a strategic role in long-term portfolios, investors shouldn’t expect the current streak to continue forever says Kelley G. Baccei, High Yield Portfolio Manager at Eaton Vance, a leading global asset manager. “Indeed, […]

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