News

ATO pressing on with super garnishees

December 22, 2014

The Australian Taxation Office is continuing to exercise its ability to garnishee an individual’s superannuation benefits in an effort to recover any outstanding money owing to it.

read more

Business news

AMP Capital joins mFund

December 22, 2014

Elizabeth Somerville

AMP Capital has opened up channels for self-directed investors to diversify their portfolios by making six of its funds available through the Australian Securities Exchange’s (ASX) mFund Settlement Service.

read more

ATO, Compliance & Regulation

ATO confirms zero interest loan treatment

December 22, 2014

Darin Tyson-Chan

The Australian Taxation Office has issued two interpretive decisions reinforcing its stance on zero interest loans issued to SMSFs.

read more

LICs

Naos attracting significant SMSF interest

December 22, 2014

Darin Tyson-Chan

Naos Asset Management has confirmed the magnitude of SMSF interest in listed investment companies (LIC), having experienced significant inflows from the sector since the inception of its two offerings in 2005.

read more

International Shares

Global equities managers underperform benchmark

December 22, 2014

Darin Tyson-Chan

While active international share fund managers generated strong returns over the three years to 30 September this year, they did not do as well as the benchmark used to measure their relative performance, according to research house Zenith Investment Partners’ “2014 Global Sector Review”.

read more

Residential Property

Value of residential properties to keep rising

November 28, 2014

Darin Tyson-Chan

Property investment specialist Future Estate has predicted domestic house prices will continue to increase on the back of several influencing factors, including improved loan affordability, solid economic fundamentals and a stable mortgage market.

read more

Strategy

Choice between active, passive unnecessary

November 28, 2014

Darin Tyson-Chan

When assessing the use of fund managers, investors should not look at the choice between active and passive management as mutually exclusive because that mindset might cause them to miss out on valuable return opportunities, according to a senior financial services executive.

read more

ETFs

New BetaShares ETF targets SMSF investors

November 28, 2014

Kristen Crawford

Exchange-traded fund (ETF) provider BetaShares has released a new market offering specifically to service SMSF investors and retirees looking for an income stream solution through share dividends.

read more

Compliance & Regulation

ASIC moves on property promoter

November 28, 2014

Darin Tyson-Chan

The Australian Securities and Investments Commission is seeking interim and final orders from the Supreme Court of NSW to prevent property investment promoter Park Trent Properties Group from operating a financial services business without a licence.

read more

LICs

Perpetual’s first LIC gets recommended rating

November 28, 2014

Darin Tyson-Chan

Perpetual Investments’ first listed investment company (LIC), Perpetual Equity Investment Company Limited (PIC), aimed at SMSF trustees has received a recommended rating from research houses Lonsec and Zenith.

read more