GoogleSuper? We don’t think so.
With all the doomsday predictions of digital disruption you could be forgiven for thinking the industry is on the verge of catatonic capitulation. The industry’s customers are apparently chomping at the bit to change super funds, invest online and save some acorns in spaceships! But, coming back to earth, it’s important to understand a critical […]
Read more...Investments: Getting into the Nitty Gritty
We at NMG Personal Wealth believe that education and awareness is one of the most important services we can offer our clients. It will enhances the level of advice we give to you enabling to ensure that the conversations between our clients and advisors is of the highest quality. Therefore, we want to make sure […]
Read more...Back to Fully Bundled?
401(k) Distribution: The Decade Just Ended – sixth in a series Until 2011 it was an easy call. The once unstoppable TPA interface service model (think John Hancock or Nationwide) was imploding in the face of a new, completely unbundled service model—which we defined as advisor-selected funds on a trading platform paired with an independent […]
Read more...IGCs team up to study members’ views on value for money
Independent Governance Committees (IGCs) have joined forces to better understand what value for money means for scheme members. Co-ordinated by Sackers, the project involves 11 IGCs, with the support of their providers, undertaking research with members to build an understanding of what they value and why. The programme is designed to inform IGCs when assessing […]
Read more...The great passive road trip; when will it end?
The near decade long rise of passive management in Australia, largely at the expense of active managers, has been well documented. The question we’ve been asking as we compile the Tria Managed Funds Review each quarter is how far will this trend run? The chart below illustrates the last 3 years (and one quarter) of […]
Read more...Discovery Health 2017 Benefit changes
On 20 September 2016, Discovery Medical Scheme announced changes in its benefits and contributions. These included the weighted average increase across all plans, increase per plan, general benefit changes, vitality amendments, the introduction of Gap Cover, and changes to the Smart Plan and KeyCare plans. Make yourself aware of these changes with the NMG Benefits […]
Read more...Bigger isn’t always better, warns Tria
Increasing funds under management does not always produce economies of scale for wealth management companies, says Tria Investment Partners. Speaking at the 16th Annual Wraps, Platforms & Masterfunds Conference in the Hunter Valley on Friday, Tria Investment Partners partner Oliver Hesketh cast doubt on the notion that size inevitably leads to economies of scale. Mr […]
Read more...SMAs the key to keeping SMSFs on platform
For many years, proponents of Separately Managed Accounts (SMAs) have exclaimed their virtues for servicing the investment needs of advised self-managed superannuation funds (SMSFs). SMAs provide financial advisers the ability to generate administrative efficiency in managing multiple client portfolios in return for trading off some of the tailoring afforded by bespoke direct share portfolios, without […]
Read more...Where do 401(k) Advisors Live?
401(k) Distribution: The Decade Just Ended – fifth in a series Remember insurance-based 401(k) advisors? Paragons of proprietary funds and group annuity contracts they may have been, but they ruled the roost only a decade ago, often with large and stable books of business. In 2005, fully 37% of 401(k) advisors identified themselves as affiliated […]
Read more...Namibian Economic and Market Commentary
The Namibian economy has grown by a CAGR1 of 5.1% over the past 5 years (from 2010 to 2015). However, we expect the GDP growth for 2016 to marginally decrease from 4.5% recorded in 2015 by 0.2% to 4.3%. The main contributors to a lower GDP in 2016 are the restrained growth in the agricultural […]
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