Provision Newsletter

Gian Pandit, AMP Capital’s Co-Head of Australian Fundamental Equities, talks to Morningstar’s Tim Murphy about the importance of active management in the current market.

This video must be taken in its entirely and any given chapter viewed in isolation does not represent the entire message.

Gian Pandit, AMP Capital’s Co-Head of Australian Fundamental Equities, talks to Morningstar’s Tim Murphy about the importance of active management in the current market.

This video must be taken in its entirely and any given chapter viewed in isolation does not represent the entire message.

Download Market Watch – March edition and read the full report. (211 KB file)

In this edition:

• It will pay to look at the composition of China’s economic growth, rather than focus on the final number.

• Reinvesting dividends lifts total returns for share investors above the price index.

• Corporate reporting season results in good surprises.

• Crown Resorts has benefited from the growing middle class story in China.

Market Watch is designed to provide you with a clearer understanding of complex investment issues.

Click here to download Market Watch – February edition and read the full report. (785 KB file)

This edition:

• With time, wealth grows for those who remain committed to their long-term strategies.

• Status quo for the A$ is expected to be down down.

• We would argue that the prospects for emerging markets are superior to those in developed markets.

Market Watch is designed to provide you with a clearer understanding of complex investment issues.

Download Market Watch – January edition and read the full report. (1MB file)

This edition:

• The year ahead should be positive for investment markets as monetary conditions remain easy and global growth picks up

• We explore what to look out for in 2014

• Can gold reverse last year’s 28% decline or are further falls in store in 2014?

Market Watch is designed to provide you with a clearer understanding of complex investment issues.

If you would like to discuss any of the issues in this edition, please contact us.

Myth 1 – Super is a type of investment.

Wrong. Super is a tax-effective way to save for your retirement. Within super you can invest in different types of investments—or asset classes—with different levels of risk and return.

Myth 2 – I have no control over my super.

Wrong. Super is your money and, while it’s invested over a long term, there’s a lot you can do to take control over your retirement savings. You don’t need to accept the default investment option.

You can change your super investment to reflect where you’re at in life. Most super funds offer a choice of investments depending on how much risk you’re prepared to take on.

• If retirement is still a fair way off, you have longer to recover from any market downturns. So you might be willing to take on more risk.

• If you’re nearing retirement, you have less time to recover from any market downturns. So you might take a more conservative approach and take on less risk.

You can put your super into an investment platform, offering a wide range of investment options, from direct shares all the way through to managed funds.

You can even set up a self managed super fund to take full control of your super. But don’t forget, you’ll take all the responsibility for complying with rules, administering your fund and managing your investments. Most SMSF owners get professional help with the paperwork.

Myth 3 – I won’t have to share my super in a divorce.

Wrong. Super is on the table in any divorce settlement, along with the family home and other investments. It’s treated just like any other asset. And that counts for de facto couples as well.

You can split your super payments as part of a settlement. But you’ll still need to keep that money in a super fund until retirement.

Myth 4 – I can’t access my super until I retire.

Not strictly true. Many people don’t realise that if you were born before 1 July 1960, you can start a transition to retirement strategy when you turn 55. It’s a really tax-effective way to start drawing an income from your super, while still working and contributing towards your retirement nest egg.

You can call AMP on 131 267 or your financial planner to find out the real story behind super.

What you need to know

Any advice in this document is general in nature and is provided by AMP Life Limited ABN 84 079 300 379 (AMP Life). The advice does not take into account your personal objectives, financial situation or needs. Therefore, before acting on this advice, you should consider the appropriateness of this advice having regard to those matters and consider the Product Disclosure Statement before making a decision about the product. AMP Life is part of the AMP group and can be contacted on 131 267. If you decide to purchase or vary a financial product, AMP Life and/or other companies within the AMP group will receive fees and other benefits, which will be a dollar amount or a percentage of either the premium you pay or the value of your investments. You can ask us for more details.