Wake-up call for investors facing lower returns in Labor franking plan (AFR 02/03/19)

Some investors will need a serious reshuffle of their investment portfolios to avoid losing regular income if Labor wins the election and scraps the refund of excess franking credits.

While some wealth advisers say the proposed changes could be positive in that they will mean more diversified portfolios, they add the changes could also mean investors look to asset classes they don’t understand in search of regular income.