Investment Strategy

The premium gamble: member ineligibility in group insurance

Up to 2.5 million people who are paying premiums for group insurance offered through superannuation need to examine their eligibility, as differences between super funds’ policies could mean they have reduced cover, or even none at all. Investment Magazine investigates. For the vast majority, group insurance is working well, providing cover to a nation that has historically been […]
Hedge Funds

The breaking down of equity buckets

Investors at the Conexus Financial Equities Summit discussed the emerging break down of allocation buckets when investing in equities, as a result of favoured fund managers reaching capacity constraints because of the growth of superannuation funds. As funds continue to get larger they might need to consider giving managers more flexibility with mandates, says Brett […]

IOOF head admits issues of misconduct were withheld from the regulator

IOOF’s chief executive Chris Kelaher has confirmed the company did not lodge ASIC breach reports for a number of issues, despite evidence of misconduct inside its research division. Kelaher fronted the Senate Economics References Committee in Macquarie Street, Sydney yesterday, facing stiff questioning about his knowledge of alleged misconduct within its research division. The Senate […]
Hedge Funds

Energy Super chooses high conviction manager

Energy Super has switched Australian equity mandates over performance issues and awarded the Brisbane-based manager Dalton Nicol Reid $400 million. The money will be managed in a high conviction fund run by Jamie Nicol, which saw a 4.4 per cent outperformance of its S&P ASX200 benchmark for the year ended April 30, 2015 and has […]
Investment Strategy

HIP partners with Bridges Financial Services

The push by industry funds into the advice space continues to gain pace with the $630-million Health Industry Plan (HIP) announcing a strategic partnership with Bridges Financial Services. HIP’s more than 23,000 members will now have access to financial planners who charge on a fee-for-service basis. Members will receive flexible and scalable, single or multi-issue […]