SPAA: 500,000 ‘mum and dad’ funds can’t be wrong

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The ongoing strength of the self managed super fund (SMSF) sector was reconfirmed by the release of the Australian Prudential Regulation Authority’s (APRA) quarterly superannuation statistics for 31 March 2013.... Read more continue reading

Weekly market and economic update

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The past week saw sharp falls in share markets from mid week triggered by a combination of worries that the US Federal Reserve will prematurely slow down its quantitative easing... Read more continue reading

Active term deposit strategies required in low interest rate environment

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Curve Securities has said the recent historic rate cut demonstrates the need for advisers to access higher term deposit rates than are simply available through most bank, building society and... Read more continue reading

Built for Boomers: Bendigo Wealth’s Income Fund

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People with a mortgage may be breathing a little easier as they see interest rates hit historic lows, but not everybody has a mortgage.  Those relying on income from investments... Read more continue reading

Rising number of online scams

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Reports of e-mail scams to the ATO have tripled to almost 11,000 compared to the same quarter of last year. Second Commissioner Geoff Leeper said the ATO is seeing an... Read more continue reading

Operational risk next hurdle for FoFA compliant financial advice

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Financial planning firms operating in-house portfolio construction functions face having to ‘FoFA-proof’ against looming operational risks embedded in the Future of Financial Advice (FoFA) legislation. This is the view of... Read more continue reading

Planners’ use of listed investments reach the highest level recorded

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With planner and investor concern levels dropping to their lowest point for over three years in February, both planner and investor appetite for growth assets bounced back, according to a... Read more continue reading

Lost super heading to ATO

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Australians have just one week before inactive superannuation accounts with less than $2,000 must be sent to the Australian Tax Office. In December the Government passed a new law requiring... Read more continue reading

Balance of power is secret to investor success

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Investors must focus on companies with resilient business models that have the balance of power over  their suppliers and customers, says Pengana Australian Equities Fund manager, Rhett Kessler. Pragmatic investors... Read more continue reading

Consumers respond negatively to the federal budget

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Consumer sentiment fell by 7.0% in May to be 2.4% higher than a year ago. The fall in consumer sentiment over May follows a fall of 5.1% in April. Despite... Read more continue reading