Podcast 29: Leaders indicators warn of global recession

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Central banks state they are not seeing signs of a recession as they continue hiking rates to curb spiralling inflation. But with forward indicators flashing red across the board, low consumer confidence, declining forward sales, the US yield curve beginning to invert, and the continued drop in the global equities, markets are telling us they... Read more continue reading

Fixed income options expand with new ETF Securities launches

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Leading ETF provider ETF Securities has given investors more options for investing in the fixed income market, with the launch of a US Treasury Bond fund and a USD high-yield corporate bond fund. The new funds are ETFS US Treasury Bond (Currency Hedged) ETF (ASX Code: USTB) and ETFS USD High Yield Bond (Currency Hedged) ETF (ASX... Read more continue reading

Package of super changes for younger and older Australians set to take effect from 1 July

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Australians are set to benefit from a package of changes to superannuation from the start of the new financial year. The changes include an increase to the compulsory Superannuation Guarantee (SG), which will add thousands of dollars to retirement savings, particularly for younger Australians. Low-income earners will benefit as they now will receive SG contributions... Read more continue reading

Investors should consider diversification in precious metals exposure

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Gold is not the only precious metal to have offered investors a safe haven this year, as Russia’s invasion of Ukraine and rising inflation focused attention on global political and economic risks. Silver, platinum, and palladium have all traded higher as well. ETF Securities Head of Distribution Kanish Chugh says all four precious metals have... Read more continue reading

MLC Life Insurance announces retail insurance product enhancements

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MLC Life Insurance has announced a series of enhancements to its Income Assure and Income Assure+ product range, following feedback from advisers. Considering cost-of-living pressures, customers will now have the option to ‘inflation-proof’ their cover to ensure the benefits they receive at claim stage keep pace with future increases to earnings. An annual increase in cover level up to... Read more continue reading

CPD: The challenges for global growth equities

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Global markets have entered a difficult period as fundamentals turn and inflation has emerged, somewhat more strongly than expected. As global economies faced a myriad of difficulties over the past couple of years, governments responded by supporting their economies through these crises with large amounts of debt. That, in turn, has meant the equilibrium level... Read more continue reading

CPD: Retirement – Independent living

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As your clients get older, living independently in their own home may become more challenging. If a client needs assistance, there are many services to support a diverse range of needs. This article, proudly sponsored by Russell Investments, explores in-home care options, the government support that’s available and how it can benefit your clients. Your... Read more continue reading

American Century’s healthcare impact strategy recognised by RIAA

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The American Century Healthcare Impact Equity strategy has been awarded responsible investment certification by the Responsible Investment Association Australasia (RIAA). This certification also applies to the Zurich Investments ACI Healthcare Impact Fund which is available to investors in Australia and is distributed by Zurich Investment Management Limited. While a growing number of Australian-domiciled equity funds... Read more continue reading

Providing members comfort and confidence in retirement – AMP publishes Retirement Income Strategy

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AMP, together with the Trustee of its superannuation funds, has published a summary of its Retirement Income Strategy, outlining an approach to helping members live more confidently and comfortably in retirement. The Strategy, available here, applies to all AMP superannuation members approaching and in retirement, and delivers on a commitment as part of the Retirement Income Covenant,... Read more continue reading

New headaches for NSW property owned by SMSFs

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Amendments made last month to the NSW Duties Act could cause material headaches to super funds holding real estate in NSW. The only remedy for those headaches is good compliance documentation. If you’re interested, the legislation was called the State Revenue and Fines Legislation Amendment (Miscellaneous) Act 2022 (NSW). Under the Act, ‘ad valorem’ duty (i.e. duty... Read more continue reading