FPA: Measures to fix excess contributions falls short

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FPA propose further reforms to super contributions to secure Australia’s long term retirement savings. x Last night’s Federal Budget announcement allowing excess superannuation contributions to be refunded back to the

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Actuaries disappointed longevity risk ignored again in 2011 Federal Budget

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The Institute of Actuaries of Australia (the Institute) has today said it was disappointed the pressing issue of longevity risk was largely ignored in the 2011 Federal Budget. The Institute

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SPAA says Budget fails to adequately address excess contributions problem

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SPAA believes measures do not go far enough and will deny middle Australians the opportunity for saving for a comfortable retirement The Self-Managed Super Fund Professionals’ Association of Australia (SPAA)

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Legg Mason urges investors to rethink retirement portfolios

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Real assets can be useful tool to produce stable income Legg Mason launches funds to fill gap for retiree tailored products x A new paper released by Legg Mason today

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ETF market lifts off, with more upside growth to come

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Australia’s fledgling Exchange Traded Fund (ETF) market represents a shining light in an otherwise sluggish post-GFC market for the wealth management sector. While traditional managed funds have struggled for headway

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Bridging The Gap: AFA/Tower launch Female Excellence in Advice Award

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The Association of Financial Advisers (AFA), TOWER Australia and the Macquarie Graduate School of Management officially launched the AFA Female Excellence in Advice Award (the Award) in Sydney last night.

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CommSec: extended retail slump; building approvals rebound

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Building Approvals; Retail trade Council approvals to build new homes rose by 9.1 per cent in March after sliding by a revised 5.3 per cent in the prior month. In

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BetaShares launches Australia’s first hedged gold ETF

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First hedged gold ETF ASX code: QAU Investors can now access pure exposure to gold as easily as buying any share ETF physically backed by gold bullion ETF currency hedged

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Lonsec releases its Global Equity Fund Sector Review

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Lonsec’s latest Global Equity Fund Sector Review included 36 large cap and three small cap funds. x Of these, nine large cap funds attained Lonsec’s top rating, Highly Recommended, including

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CommSec: Record quarterly fall in home prices

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House Prices; Private Sector Credit Capital city home prices fell by 0.2 per cent in seasonally adjusted terms in March after a downwardly revised 0.5 per cent slide in February, according

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