Investors should avoid using share prices as a measure of the value of a company and instead concentrate on intrinsic value, according to a microcap investment expert. “Most people view market value as the key proxy of the health of a company. They think that the stock market perfectly encapsulates all available information and hence […]

SMSF trustees need to look beyond the domestic equity market to seize investment opportunities arising from worldwide trends, an international fund manager has said. During a presentation at the Australian Shareholders’ Association Conference held in Sydney in May, K2 Asset Management head of distribution Andrew Hall used the development of the internet and the multifaceted […]

The changes to superannuation included in the 2016 federal budget were no cause for panic among SMSF members, according to an accounting firm senior executive. “Let’s not panic. It’s not like superannuation is over; it’s just there’s a cap now for pensions and we’ll see what the rules are,” HLB Mann Judd managing partner Tony […]

Detached housing prices are not set for a dramatic fall in the immediate future, according to an international bank chief economist. Speaking at the Australian Shareholders’ Association Conference in Sydney in May, HSBC Australia and New Zealand chief economist Paul Bloxham said detached dwellings were unlikely to be affected by other factors in the residential […]

The changes to the superannuation contributions caps announced in the 2016 federal budget will make the administration of an SMSF a great deal more difficult, according to a technical expert for the sector. Miller Super Solutions founder Tim Miller identified the new rule allowing the carry forward of unused portions of concessional contributions caps for […]

The risk associated with hybrids – debt securities with characteristics between a bond and a share – needs to be understood by individuals before they are included in an investment portfolio, a senior executive specialising in fixed income has said. “If you’re holding hybrids as fixed income or as defence, they’re not defensive assets. You’ve […]

Ascentiv Group has provided the Australian Securities and Investments Commission (ASIC) with an enforceable undertaking (EU) in light of concerns over the appropriateness of advice provided to clients about the establishment and use of SMSFs. ASIC surveillance found the activities of Ascentiv troublesome because the licensee failed to ensure the SMSF advice provided by its representatives was […]