Funds managers willing platforms to die should be careful
what they wish for – Praemium boss Arthur Naoumidis thinks his new breed of
self-managed account (SMA), a SMART Fund, will translate from its UK
origins and be embraced by Australian financial planners, halving the fees that
managers receive from old-fashioned physical mandates in the process.
SMAs battle platforms for right to squeeze manager margins
Banking services to be a no-brainer for super funds: Vision
Offering banking services to pensioners is imperative for super funds with an older demographic, according to Vision Super fund development manager David Moxon.
Banking services to be a no-brainer for super funds: Vision
Marinchek leaves Mariner in search of insto backer for retirement funds
Scott Marinchek, the founder of Mariner Financial Third Age Retirement Living, aims to secure a business partner to distribute a range of funds targeting the retirement living and aged care sectors in the first quarter of 2009.
Marinchek leaves Mariner in search of insto backer for retirement funds
In the downturn, members turn conservative and fret longevity
The market downturn has increased superannuants’ awareness of market and longevity risks, resulting in a high proportion of fund members in a recent survey switching to more conservative investment strategies and also favouring products that combat longevity risk.
No such thing as ‘one’ best fund: Chant WestNo such thing as ‘one’ best fund: Chant West
Rather than name a ‘fund of the year’, super consultancy Chant West has produced lists of the top funds for a series of different market segments, saying that the right fund for any individual or organisation is the one that is strong in the areas that are important to them.
