Free adviser resources launched
Tyndall AM has developed an information kit for advisers to help them explain to their clients how fixed income works, and the risks and rewards of including fixed income in their portfolio.
The kit will include eight fact sheets on different aspects of fixed income, such as credit markets, covered bonds, and the Australian fixed income market as a whole. It will also include a consumer information booklet, Bonding with Income – the truth about fixed income, covering areas such as common terminology, what is meant by yields and yield curves, and its role in a diversified portfolio. The booklet will only be available to clients through their adviser.
Roger Bridges, head of fixed income at Tyndall AM, said that with increasing interest in fixed income investments, Tyndall decided to develop the kit to assist advisers in answering questions from their clients about fixed income.
“Our aim is to make it easier for advisers to improve their clients’ understanding of fixed income so they can become more confident about their investments.
“Fixed income has received a great deal of attention in recent times as clients seeks safe and stable investment options, but it is a complicated asset class that many find difficult to come to grips with.
“Advisers play a key role in educating clients about the different investment options available to them, and we designed the kit to help advisers more easily explain some of the concepts and considerations of fixed income.”
The kit will be available free to financial planners from Tyndall from today by emailing firstname.lastname@example.org or visiting www.tyndall.com.au.
COIN renews contract with Morningstar
Rubik Financial Limited, the ASX-listed provider of wealth management software COIN, has renewed its data provision contract with Morningstar Australasia for another 12 months.
Rubik MD – Wealth Wayne Wilson said COIN has been a client of Morningstar for nine years, and its decision to renew the provision of data on approximately 10,000 unlisted managed funds, superannuation funds, and exchange-traded funds was recognition that Morningstar provides the industry standard in data.
“We've been impressed by the quality, depth, and timeliness of Morningstar's fund data, and by Morningstar's demonstrated commitment to quality control initiatives, process improvements, and understanding of our needs,” said Wilson.
MLC snaps up ex-Macquarie exec
Kathy Vincent has been appointed head of product, retail platforms, for MLC. She will be responsible for leading and developing the product offerings, features and services across the MLC MasterKey and MLC Wrap platforms.
Kathy joins MLC from Macquarie Group where she was most recently co-head real alternatives under Macquarie Global Investments.
“Kathy has 18 years’ experience in the financial services industry and I’m delighted that she is joining the team to spearhead the development of the products on our retail platforms. 2013 is going to be another big year and it’s great to have someone of Kathy's calibre on board to ensure our products continue to meet the needs of our customers," said MLC MasterKey General Manager Dean Thomas.