CPD: The Asian century

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In December 2006, at the London School of Economics Asia Forum, former Indian PM Manmohan Singh said[1]: “The most important development, I believe, of the 21st century will be the rise of Asia. China has already trebled its share of world GDP over the past two decades and India has doubled it. Both these giant […]

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SMSFs with more members shun higher risk investment

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The greater the number of members in an SMSF, the more risk averse they become, according to a new research report – Gender and group bias in SMSF allocation –from SuperConcepts and the University of Adelaide’s International Centre for Financial Services. SMSF funds with more members tend to shun riskier equity markets and invest more […]

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Super funds: learn more about members or risk regulatory intervention

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The prudential regulator has warned super fund trustees to provide concrete evidence that they understand what their members want before making decisions on their behalf. The call was made by Australian Prudential Regulation Authority (APRA) deputy chair Helen Rowell at a Financial Services Council Leaders Summit panel. While Rowell acknowledged that super fund directors believed their decisions […]

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Crucial conversations: achieving an estate plan that stands the test of time

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If you are a person who has achieved a stage of financial independence, it is vital that you have an effective Estate Plan to protect you and your family. An Estate Plan is not limited to having a Will. It generally involves more complex decisions around the control of your personal, family and business affairs […]

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Zurich voted Australia’s best value life insurance

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Zurich Financial Services Australia (Zurich) has been awarded Canstar’s highest honour – the 5 star Outstanding Value award – in recognition of the quality and value offered across its retail life insurance range. Zurich has now received this accolade twice in the last three years. In addition to the top award, Zurich also picked up […]

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AMP launches resource hub to help advisers get LIF ready

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AMP’s insurance business has launched a Life Insurance Framework (LIF) resource hub featuring a range of tools to help advisers prepare for the legislation taking effect from 1 January 2018. Advisers can assess their LIF readiness with a cashflow modeller that allows advisers to consider the impact different remuneration structures could have on their business. […]

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Investing in the age of decumulation: AXA IM

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Income investors can implement a low-carbon strategy without sacrificing income, according to new research from AXA Investment Managers (AXA IM). Hosting a series of roundtables for Australian institutional and wholesale clients and consultants across the country this week, AXA IM presented evidence showing that global equity dividend strategies can incorporate preferences for high environmental, social […]

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Downsizing retirees can boost superannuation with home sale

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People over 65 will be able to make an additional contribution to super provided they sell their house to do it. This measure was part of the May 2017 budget changes. The basic details are that individuals who are home owners can, from the proceeds of sale of their principal place of residence, each make […]

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CPD: Managing interest rate risk with an absolute return approach – For Professional Financial Advisers Only

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Objective assessment As key global central banks tentatively turn toward monetary policy normalisation, the prospect of a prolonged period of rising interest rates has left some investors questioning the merits of retaining an exposure to fixed income. Investors concerned about the potential for rising interest rates could consider an absolute return approach to bond investing […]

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Lower investment returns stretch SMSF investment goals

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A weaker investment outlook that indicates returns will be lower for longer means SMSF retirees need more savings to achieve their retirement goals. The amount needed for a 65-year-old SMSF couple to afford a comfortable retirement (as defined by ASFA[1]) has increased by 17% from $702,000 to $824,000. However, 66% of SMSF trustees can remain […]

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