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Edition: 38

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Edition 38

  • 2 November 2013

Index versus active, ASIC disclosure on hedge funds, your estate and your super, the case for death duties, and satisfaction with super.

Index versus active? Nobel Prize professors can’t agree

If you think you can identify the few managers who can outperform the index over time, either by research or based on advice, go for it. But the odds are stacked against you.

Death duties, where angels fear to tread

When the government is struggling to fund its budget deficit, it is naive to ignore a potential untapped and equitable revenue source while more complex taxes, such as those aimed at superannuation, are dreamed up.

ASIC’s focus on hedge funds may miss bigger picture

By focussing specifically on hedge fund disclosure, ASIC has missed an opportunity to address the bigger picture of investor protection in a world of complex investments.

Don’t leave your estate to clean up a super mess

Superannuation is increasingly attracting the attention of people who expected to be beneficiaries of an estate. Many are dismayed that superannuation is not treated the same as other assets under the will.

A fortune built on defying the pull of theory

The efficient market hypothesis is 90% true, and you will lose money by ignoring it. However, judging by Warren Buffett’s fortunes, a few skilled searchers might find rewards in the remaining 10% worth chasing.

Most viewed in recent weeks

Retirement income expectations hit new highs

Younger Australians think they’ll need $100k a year in retirement - nearly double what current retirees spend. Expectations are rising fast, but are they realistic or just another case of lifestyle inflation?

Four best-ever charts for every adviser and investor

In any year since 1875, if you'd invested in the ASX, turned away and come back eight years later, your average return would be 120% with no negative periods. It's just one of the must-have stats that all investors should know.

Why super returns may be heading lower

Five mega trends point to risks of a more inflation prone and lower growth environment. This, along with rich market valuations, should constrain medium term superannuation returns to around 5% per annum.

Preparing for aged care

Whether for yourself or a family member, it’s never too early to start thinking about aged care. This looks at the best ways to plan ahead, as well as the changes coming to aged care from November 1 this year.

Our experts on Jim Chalmers' super tax backdown

Labor has caved to pressure on key parts of the Division 296 tax, though also added some important nuances. Here are six experts’ views on the changes and what they mean for you.        

Why I dislike dividend stocks

If you need income then buying dividend stocks makes perfect sense. But if you don’t then it makes little sense because it’s likely to limit building real wealth. Here’s what you should do instead.

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