Dear %%first_name%%,
The Lowy family’s Westfield restructure and asset split has caused plenty of discussion since the shareholder meeting was postponed on May 29. Switzer Super Report expert Charlie Aitken is a big advocate of a ‘Yes’ vote and explains why in his article today.
But SSR director Paul Rickard is not such a big fan, so to balance the argument we also share the views of one of the big institutional investors and ‘No’ voters – CIO of UniSuper, John Pearce. Although he has been cast as a rebel, today John explains how he is only acting in the interests of his fund members, who are also retail investors.
Also in the report today, Jo Heighway details how she invests her family’s retirement funds in My SMSF. She also divulges some of her favourite investments. In Buy, Sell, Hold – what the brokers say, Pacific Brands and Resmed get upgraded and Roger Montgomery reveals the outlook for mining services companies.
Tony Negline explains how the new contribution caps will work and in Questions of the Week, we look at whether or not hybrids are safe, and the best banks to buy for the long term.
Sincerely,
Peter Switzer