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Edition: 61

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Edition 61

  • 9 May 2014

Sources of post-retirement income, what makes a good gift policy, the effect market confidence has on M&A activity, investment barriers faced by PAFs and choosing the right inflation linked investments.

Post-retirement income: the drums are beating

Less than 15% of Australians will enjoy a 'comfortable' standard of retirement with just their super. The age pension doubles the numbers, but there’s an even larger increase if other savings are included.

Barry et al, this is what a good gift policy looks like

ICAC has opened an important public debate on funding political parties and accepting gifts. As long as the compliance regime and corporate culture are strong, there’s not much scope for abuse in a good policy.

Avoid too much yeast when making dough

In 2013, M&A market confidence returned and we are already seeing an increase in deal activity this year. However, investors should watch closely to ensure that over-confidence doesn't get in the way of value creation.

Private Ancillary Funds suffer same ‘retail’ treatment as SMSFs

One of the benefits of Private Ancillary Funds is the philanthropic family legacy they create, and Social Benefit Bonds appeal to many PAF trustees. Unfortunately, investor definitions create an unnecessary barrier to entry.

What is the outlook for bank hybrid yields?

Demand for bank hybrids paying margins of 3% above the Bank Bill Rate remains strong, although there is little sign that underlying interest rates will increase any time soon.

Choosing the right ingredients for inflation-linked investing

It's a difficult task, looking for good ‘inflation plus’ exposure over a long period such as post-retirement. Research into appropriate asset classes shows low correlations make the problem hard to solve.

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Get set for a bumpy 2026

At this time last year, I forecast that 2025 would likely be a positive year given strong economic prospects and disinflation. The outlook for this year is less clear cut and here is what investors should do.

Meg on SMSFs: First glimpse of revised Division 296 tax

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Property versus shares - a practical guide for investors

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10 fearless forecasts for 2026

The predictions include dividends will outstrip growth as a source of Australian equity returns, US market performance will be underwhelming, while US government bonds will beat gold.

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