Most Aussie fundies fell short in 2017: S&P

The S&P data showed a vast majority of top performing funds failed to stay there over the following years.

The bulk of professional stock pickers have once again been unable to beat the market, Standard & Poor's scorecard for the industry shows, in another disappointing year for the industry.

'Litany of control issues' at NAB

A KPMG report found a "litany" of significant control issues about NAB's introducer scheme, the Hayne inquiry hears. Follow us live here.

Markets Live: ASX in Tillerson tumble

The ASX is down 45 points in morning trading, taking a lead from Wall Street where stocks dropped sharply on news of Rex Tillerson's sacking by Donald Trump.

CBA failed Commissioner Kenneth Hayne's homework assignment to provide a 50-page document with examples of misconduct ...

CBA berated for poor homework

Like the school mistress telling the class which students had failed their homework assignment, counsel assisting Rowena Orr, QC, berated the CBA for a very big fail.

Opinion

Labor pushes SMSFs to risky investments

Retirees will be tempted to buy into risky, high-yielding investments in an effort to replace the income they stand to lose from Labor's proposal to abolish refundable franking credits.

Personal Finance

Smith & Nephew is set to benefit from an ageing -
 and growing - world population.

Smith & Nephew a decent two-way bet

Regardless of whether a cost-reduction program can improve profit growth, or activist investors can successfully push for change, Smith & Nephew is set to benefit from an ageing world population.

Labor sends retirees 'back to drawing board'

Do-it-yourself superannuation funds have slammed Labor's proposal to ditch cash refunds for excess dividend imputation credits, arguing that it unfairly singles out self-directed investors.

The Dangers Of DIY Super superannuation nest egg illo Illustration Karl Hilzinger For AFR Portfolio Sally Patten 8th ...

Super reforms mean time for estate plan re-think

The transfer balance cap introduced last July limits the amount that can be moved from the taxable accumulation phase into the tax-free retirement phase, and this extends to death benefit income streams.

DON MEJI COE OD DOMINOS PIZZA, FOR YOUNG RICH PHOTO ESSAY ENTITLED MY FIRST JOB . DON WAS A PIZZA DELIVERY BOY. MEJI; ...

Domino's bulls on European tour

When a key executive's margin loans were disclosed to investors (by us, not them), he was squiring a small band of bullish investors around Europe.

What 4 fund managers learnt from their mistakes

The important part of making mistakes is to learn from them. This week, Smart Investor asked four professionals about their memorable mistakes and how they became better investors as a result.