John Kavanagh
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Super guarantee debate goes another round

The debate about whether compulsory employer superannuation contributions should be increased from the current level of 9.5 per cent is constantly simmering, waiting for the next opportunity to boil over. Treasurer Josh Frydenberg turned up the flame last week, when…

Diversification needs fresh thinking

The current low-rate environment requires more risk-taking to generate returns. At the same time classic diversification, such as balancing equity and bond holdings, is not efficient, says fund manager Gilbert Keskin. Keskin is the head of Convexity Solutions at French…

SMEs looking for guidance

Small and medium businesses are turning to advisers more often for guidance in running their businesses, opening up an opportunity for financial planners and accountants. A quarter of SME respondents to Scottish Pacific SME Growth Index (24.2 percent) say they…

Tower takes Youi out of NZ

Insurer Tower Ltd has snapped up Youi New Zealand’s insurance portfolio, adding 34,000 in-force policies and $24 million of gross written premium to its portfolio. Tower announced yesterday that Tower Insurance Ltd has signed a portfolio transfer agreement for the…

The case for global REITs

Australian investors turning to the real estate investment trust market as a bond proxy should look further afield to the global REIT sector, according to new analysis. Exchange traded fund issuer VanEck has produced a paper on the global REIT…

The time for retirement income solutions is now

Super fund trustees are being urged to start developing retirement income solutions now, rather than waiting for the 2022 deadline for offering comprehensive income products in retirement. Funds should be getting on the front foot and taking advantage of the…

Brierley joins bidder’s board

The securities of Mercantile Investment Co were suspended from quotation on the ASX last Thursday, after its acquirer Sandon Capital Investment issued a compulsory acquisition notice. When legendary corporate raider Ron Brierley announced in June that he would retire, Sandon…

Executing climate investment principles a major challenge

Institutional investment managers and retirement fund trustees around the word are struggling to deal with the practicalities of incorporating climate risk principals into their investment practices, a new survey has found. While a number of international standards and conventions have…

Cashwerkz board takes action to stop outflows

After announcing ambitious expansion plans in January, term deposit marketplace Cashwerkz has paused to overhaul its board and management in the face of funds outflows. Chief executive Hector Ortiz is being relegated to head of sales. The chair Michael Hackett…

Insurance bonds back on the menu

Insurance bonds are enjoying a revival, as high-income earners who are limited to putting $25,000 of concessional contributions into super each year, look for tax-effective alternatives. Generation Development Group reports that its Generation Life business sold $224 million of investment…