What happens when the last surviving trustee dies?

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Mary being the sole individual trustee of her trust has recently passed away. Her daughter Sarah is her executor. Because Mary was the sole individual trustee of the trust this raises the issue of whether the trust has automatically vested on her death. If the trust has vested this could be very unfavourable from a... Read more continue reading

Investing toward a net-zero energy system now a reality

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Zeroing out carbon dioxide (CO2) emissions from the global energy sector is not only possible – it now has a clearly articulated road map as provided by the International Energy Agency (IEA). John Miller and Cheryl Wilson, both ESG Senior Research Analysts at Calvert Research and Management, say: “ The recent IEA report highlights the... Read more continue reading

How poorly considered insurance can leave a spouse short-changed

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When most people think about personal insurance, they think it is important to insure the main income earner of the household. Just because a spouse may not be earning an income does not mean that they don’t need to be insured. Based on research by the Australian Institute of Family Studies (AIFS), 39% of families... Read more continue reading

Investors wary of emerging investment risks

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The market continues to shift from the hope to the growth phase as the Australian economy rebounds from the shock of the COVID-19 pandemic and associated lockdowns, but new risks are emerging that investors’ need to position for, according to portfolio managers at SG Hiscock & Company. Hamish Tadgell, Australian equities portfolio manager, said the... Read more continue reading

Dividend recovery poised for further upside

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Share dividends are recovering strongly from pandemic lows, with the potential for further “upside surprise” in certain sectors and stocks, according to Ausbil Investment Management. Michael Price, Portfolio Manager for the Ausbil Active Dividend Income Fund, said today: “The outlook for dividends is now showing a rebound towards previous levels, which we know will be... Read more continue reading

Top 5 EOFY tips for financial advisers

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With the end of the financial year just around the corner, top of mind for many financial advisers is the indexation of superannuation caps and thresholds, which includes an increase to the ‘preservation age’ relating to when Australians can access their super, as well as the qualifying age for the age pension. Usually a mundane... Read more continue reading

CPD: The next big ESG three – the emerging responsible investing sectors that balance altruism with financial reward

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With ethical or socially responsible investing becoming enshrined in the thinking of institutional funds and retail investors alike, demand for assets that fit that bill will only grow. By the same token, investors need to maintain appropriate diversity in their portfolios and ensure that their investing strategies are tax effective. Through the fractional platform model,... Read more continue reading

CPD: Trend following strategies and crisis alpha

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Trend following strategies capture upward and downward trends in traditional markets; this has made such strategies popular alternative investments for financial advisers looking for assets uncorrelated with equities, bonds and property. This article from GSFM – which distributes the Man AHL Alpha (AUD) strategy – examines trend following strategies, how they can provide alpha during... Read more continue reading

Super Member Engagement Report – Members are paying close attention to super fund merger activity

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Key points 27% of members see merging with a larger fund as a positive outcome compared to 11% who see it as a negative. The majority are indifferent The few who hold a negative sentiment towards mergers are most concerned about potential negative impacts on fees and returns Some (18%) oppose re-branding post merger, citing... Read more continue reading

Market commentary: Markets focussed on May CPI; Fed being given the benefit of the doubt

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1. Markets focussed on May CPI. Fed being given the benefit of the doubt but there is doubt! All eyes tonight on the May CPI report. The market expectation is for a ‘headline’ rise of 0.4% mom or 4.7% yoy and for the ‘core’ arise also of 0.4% mom or 3.4% yoy. Such an increase... Read more continue reading