Tyndall produces adviser information kit
In a move aimed at better informing advisers about the benefits of fixed income products, specialist manager Tyndall Asset Management has developed an information kit.
Announcing the release of the kit this week, Tyndall AM said it was intended to help advisers explain to their clients how fixed income works, and the risks and rewards of including fixed income in their portfolio.
It said the kit would 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 also includes 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.
Commenting on the release of the kit, Tyndall AM head of fixed income Roger Bridges said that with increasing interest in fixed income investments, the company had decided to develop the kit to assist advisers in answering questions from their clients about fixed income.
Recommended for you
Advisers at DOD Bookkeeping, which received an $11 million penalty last week, received as much as 40 per cent of their remuneration via a bonus when clients purchased a property via a SMSF, according to court documents.
Private wealth manager Escala Partners has launched an end-to-end investment platform to strengthen its alternatives capability as clients seek sophisticated vehicles.
Perpetual Wealth Management has hired two advisers from Ord Minnett as part of five hires, just weeks after the rival firm announced it had picked up six from Perpetual Private.
ASIC has cancelled the AFSL of a Perth financial services firm following payments to its clients by the Compensation Scheme of Last Resort after a failed managed investment scheme.
