John Brogden, CEO of the Financial Services Council, today welcomed the Federal Government’s changes to the income tax treatment of investment income of foreign funds. “The Investment Manager Regime was a recommendation of the Financial Services Council to the Financial Centre Taskforce (Johnson Review) and we strongly support the Government’s initiative today,” Mr Brogden said. […]
continue readingNiche player bucks the ‘beige’ trend in super Financial planning and funds management company Addwealth has today launched its own superannuation fund, the Addwealth Advantage Super Fund. The new fund, open to all, offers advisers a single, streamlined platform that incorporates investment options of cash, income and growth with a wide choice of retail insurance […]
continue reading
30
Nov
2010
Russell Investments has today announced a series of enhancements to the strategic asset allocation (SAA) of its suite of diversified managed funds and pooled superannuation trusts (superannuation investment vehicles). They include three new sector strategies for its diversified portfolios and mean products that are more tailored to clients in areas such as liquidity and tax […]
continue reading
29
Nov
2010
This Article was updated on July 23, 2012 – To see the update click here . It is surprising how often I receive calls from advisers asking me to explain how Centrelink will treat their client’s family trust or private company, predominantly for Age Pension eligibility. (This story first appeared in the Journal of Financial Advice […]
continue reading
22
Nov
2010
Bill Shorten, Assistant Treasurer and Minister for Financial Services and Superannuation has already demonstrated that he is a true advocate of the financial services industry, focused on ensuring that the interests of ordinary working Australians are best served. CEO of the Association of Financial Advisers, Richard Klipin said two of Mr Shorten’s first announcements – […]
continue reading
01
Nov
2010
Federal budget The underlying budget deficit hit a record high of $63.3 billion in the twelve months to September 2010, indicating that the Government has plenty of work to do to reach its forecast deficit of $40.8 billion in nine months time. CommSec estimates that the budget deficit equates to 4.9 per cent of GDP, […]
continue reading
29
Oct
2010
As we are regularly reminded by the media, we are entering a period of unparalleled intergenerational wealth transfer as the baby-boomer generation reaches retirement age. It’s also a period where a large number of small businesses owned by baby-boomers will change hands. This high level of business transfer is completely unprecedented and could prove a […]
continue reading
29
Sep
2010
As Australia’s baby boomers move inexorably towards their retirement, many will turn to their financial adviser for help and guidance. How much will they need to fund their retirement? What about all those complex taxation rules? How can I begin to help my children out? And so the questions continue. This will undoubtedly place the […]
continue reading
28
Sep
2010
Federal budget update The Federal Budget deficit stood at $54.8 billion in 2009/10 (4.2 per cent of GDP), an improvement of $2.3 billion on the estimate made just four months ago at the time of the May budget. GST receipts hit record highs in 2009/10, up 9.2 per cent on a year ago. The budget […]
continue reading
24
Sep
2010
SPAA looks forward to engaging the new minister on SMSF issues The Self Managed Superannuation Funds Professionals Association (SPAA) has today warmly welcomed the appointment of Mr Bill Shorten MP to the position of Assistant Treasurer and Minister for Superannuation and Financial Services. “We congratulate Mr Bill Shorten MP on his appointment as Minister for […]
continue reading
13
Sep
2010
Earn CPD Points
CPD: Ethics and investmentsMost clients cannot meet their financial objectives without the design and implementation of an investment strategy. Judging by complaint categories, ...
CPD: Factor investing - an introductionIntroduction Any list of the hottest topics in investment management circles over the last few years is almost certain to ...
CPD: Economic freeze sends US oil price sub-zeroWhile reviewing the overnight market on the 21st of April 2020, no doubt we were not alone in taking a ...
CPD: Fed to go negative? Any idea can seem ‘crazy’ until it becomes factThe market is becoming focused on whether the Federal Reserve (Fed) will take rates negative. Admittedly, Powell has thrown a ...
CPD: Ethics and your referral partnersMost financial advice practices have referral partners they send business to, or receive business from. You may also use any ...
0 comments