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…
Fund Managers
Professional funds management is both a science and an art. Interpretation of the differences between managers – their styles, track record and place within a structured portfolio are all part of the day-to-day of financial planning. Managed funds are not for everyone – but they influence markets and the topography of the entire investment market, so awareness of their position and activities is crucial to any understanding of broad markets.
Legislating to ban commissions on superannuation
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…
Common sense is not so common – Timbercorp/ Great Southern
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…
