Zenith rates AllianceBernstein Global High Income Fund ‘Recommended’

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Global asset manager AllianceBernstein’s diversification into the Australian retail market continued when the firm announced that its Global High Income Fund (GHI) had been rated ‘Recommended’ by independent investment research... Read more continue reading

Weekly market & economic update – week ending 21 February, 2014

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Investment markets and key developments over the past week Global shares had a mixed week as investors digested the 5% or so rebound since early February amidst weather affected US... Read more continue reading

Adviser hardship and impact lost in FoFA grandfathering stalemate debate

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As the grandfathering issue steadily tracks towards a resolution that will satisfy most parties, Financial Service Brokers (Connect) CEO Paul Tynan says that although grateful his call for a balanced... Read more continue reading

Future2 poised for further growth as it enters its seventh year

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An expanding grants program, stronger financial position and closer collaboration with the Financial Planning Association and its members, have created a firm foundation for Future2 as it enters a seventh... Read more continue reading

Taking the risk out of living longer

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Understanding how long our SMSF members might live is important when advising them on how to manage their super in retirement and into old age. That was a key theme... Read more continue reading

CSSA rejects MySuper red tape claim

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The Corporate Super Specialist Alliance (CSSA) disputes that making any MySuper fund a default fund will result in unnecessary costs and expensive red tape. “We actually think the opposite is... Read more continue reading

Threadneedle Investments raises GDP forecast for developed world and sees opportunities in emerging markets following market correction

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Threadneedle Investments has raised its 2014 GDP forecast for developed economies as a result of the strengthening global economic recovery. The company’s US forecast has increased from 2.5% to 2.7%... Read more continue reading

AMP Limited reports A$672 million net profit for FY 13

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AMP Limited has reported a net profit of A$672 million for the year to 31 December 2013, compared with A$689 million for FY 12. Underlying profit for FY 13 was... Read more continue reading

SPAA takes responsible position on LRBAs

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The decision by the SMSF Professionals’ Association of Australia (SPAA) to engage with government, regulators and industry on Limited Recourse Borrowing Arrangements (LRBAs) exemplified its commitment to improving professional standards... Read more continue reading

Support for flexible penalties ‘sign of SMSF industry maturity’

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The SMSF industry’s support for a Government measure to introduce more flexible penalties for trustees who breach the rules demonstrates the maturity, integrity and professionalism of the sector, says AMP... Read more continue reading