Submitted by Financial Adviser on Mon, 01/30/2012 - 20:53
Many clients ask us about investing in collectables in superannuation via a SMSF. On 5 July 2010, the Cooper Review released the final report of its Review into the governance, efficiency, structure and operation of Australia's superannuation system. One of its recommendations was for: ‘SIS legislation, in relation to self managed superannuation funds (SMSFs) should be amended so that:
the acquisition of collectables and personal use assets by SMSF trustees be prohibited;
Submitted by Financial Adviser on Wed, 01/25/2012 - 23:55
This is a continuation of our discussion about asset classes. A defensive component of an investment portfolio is very important for most clients to provide stability and help mitigate risk. Fixed interest securities are among the lowest risk and most liquid investments available. These characteristics make them a solid foundation for most financial plans.
Submitted by Financial Adviser on Fri, 01/20/2012 - 01:37
Low global growth looks set to stay and is a great concern for investors. In such an environment, investment focus comes back to preservation of capital where the consistent and known benefits of fixed income within a diversified portfolio.
Eastman Kodak Co, the photography icon that invented the hand-held camera and helped bring the world the first pictures from the moon, has filed for bankruptcy protection, capping a prolonged plunge for one of America's best-known companies.