A desire to flaunt ubiquitous wealth on social media is putting moneyed families at risk, according to family office representatives, with extortion and kidnapping “a legitimate concern”.
While active can provides pockets of outperformance both here and globally, research from S&P Global suggests maintaining above-benchmark returns is difficult to maintain.
Stakeholders have welcomed a recommendation from the Senate Economics Legislative Committee that the government review its controversial plan to limit franking credits stemming from capital raisings and share buybacks.
The benchmark S&P 500 index is characterised by “narrow, concentrated leadership” by a handful of mega-caps, leading to the “optical illusion” of outsized performance by US equities, says private investment manager Neuberger Berman.
The ATO is planning a midyear release of updated guidance on the tax deductibility of financial advice, according to panellists at a recent industry event, with indications that a new interpretation could see upfront advice fees deemed deductible.
There are now more than 22,000 cryptocurrencies on the market, but most have small market capitalisations and unclear use cases, according to a recent Invesco report. The blockchain technology underpinning them, on the other hand, could change the infrastructure of finance.
Younger Australians expect to retire earlier, and earn more in retirement, than older generations even as they redefine the traditional path to retirement by taking more career breaks, new Vanguard research shows – and these ambitious expectations may not be “aligning to reality”.
Sustainable investing requires a balancing act when it comes to retail behemoths like Coles and Woolworths, which can have positive ESG policies while selling products with the potential to do harm. According to Australian Ethical, investors should assess these companies with nuance and a measure of compromise.
The current economic cycle is too changeable to set any portfolio to autopilot, according to Mason Stevens’ Jacqueline Fernley. Counterpoints to conviction are needed, and the devil’s advocate should be your friend.
The ethical money manager says Lendlease failed to provide information required to independently assess the impact of its planned development in Mount Gilead, an area deemed critical to the survival of a resident koala colony.
