Tag Archive for Fund Managers

“Industry Funds” – Compare the pair

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Just a moment please, while i don my titanium-lined protection suit… Members of the super fund industry are particularly sensitive at the moment, so anything that i may say here will undoubtedly be taken incorrectly, misquoted or distorted in some other way. Previous attempts to bring a bit of plain English to the super funds…

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But who’s thinkin’ aboot the Bebe?

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It is a favourite parody scene from some of my favourite comedies – in the midst of a terrible turmoil there is someone runing from pillar to post, pulling out their hair while yelling (usually with an enforced accent), “but what about the baby?” It may be a long bow to draw any similarity but…

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Understanding Superannuation Fund Returns

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I’m sorry, that was just sooooo funny that i almost choked even as i was typing it. ‘Understanding’ is not a word usually associated with superannuation funds, never mind understanding anything about the investment returns achieved by those funds. APRA (the government body charged with supervision of a lot of these areas) has just released…

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Legislating to ban commissions on superannuation

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For many years various pressure groups around the country have been trying to have legislation brought in to ban the payment of commissions from superannuation accounts. Pressure has mounted even further as links are drawn between commissions generated and the recent failures of MIS scheme operators Great Southern and Timbercorp, as well as the demise…

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Common sense is not so common – Timbercorp/ Great Southern

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The demise of Timbercorp and Great Southern has highlighted the difficulties of running an investor-focussed regulatory environment in a capitalist based system. For once, i will be brief. The agricultural projects operated by Timbercorp and Great Southern on behalf of grower-investors are presided over by a “RE”, or Responsible Entity. It is the job of…

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