Rising costs worry most older Australians: Challenger research
A majority of older Australians are increasingly worried about the rising cost of living, which is negatively impacting their lifestyle and overall well-being, according to a recent study by National Seniors Australia and Challenger.
September 14, 2023
Australians retiring later than global peers: Natixis data
Australia and other developed countries have experienced improved retirement security for the first time in a decade, but Australians are retiring later, according to the Natixis Investment Managers’ Global Retirement Index.
September 14, 2023
‘This is big’: The stark difference between APRA funds and SMSFs in retirement
Research has found that SMSF members are more likely than APRA-regulated fund members to have set up tax-exempt income streams after turning 65. The findings come as regulators push APRA-regulated fund trustees to deliver better retirement solutions to members.
September 13, 2023
Advice key to financial well-being: CFS research
Most Australians do not feel positive about their financial future and lack confidence when making decisions about their superannuation, according to the latest research from Colonial First State.
September 13, 2023
Frontier to offer research to self-licensed advice practice
Known best for its industry-fund clientele, Frontier Advisors has commenced offering its research services to self-licensed South Australian advice firm Perks Private Wealth. The investment researcher has spent the past decade diversifying its client base, with retail and wholesale wealth anticipated to become a bigger part of its business.
September 13, 2023
Viridian launches Infinity Capital Solutions
Viridian Financial Group has launched managed accounts service Infinity Capital Solutions.
September 13, 2023
AZ NGA-backed firms merge to create multi-disciplinary practice
AZ NGA-backed advice firms Priority Advisory Group and Wise Planners will merge to form a large multi-disciplinary professional services firm specialising in wealth management, retirement planning, aged care, life risk insurance, and workplace financial advice.
September 13, 2023
The chosen paths: Directing members into retirement solutions
There are five possible pathways to retirement solutions, but only two are in place with the missing pathways all involving some form of trustee direction. The Conexus Institute’s Geoff Warren and David Bell write trustees will be pivotal in helping provide straightforward solutions to members who are disengaged or unprepared to pay for financial advice, leaving independent advisers to deal with those who want a comprehensive and highly personalised solution.
September 12, 2023
Hunters become hunted as super funds face greenwashing pressure
Australian super funds have been active in pressuring companies about their green credentials, but the shoe is now firmly on the other foot as funds themselves come under increasing scrutiny and pressure from regulators over claims made to market funds to current and prospective members. And they're not likely to be treated leniently.
September 12, 2023
HESTA appoints portfolio design head
Industry fund HESTA has appointed Dianne Sandoval as its head of portfolio design, responsible for the research and asset allocation processes to reach investment objectives.
September 12, 2023
New Quantum Holdings concludes Morrison Securities acquisition
Technology company New Quantum Holdings has recently concluded the last tranche of its $40.5 million acquisition of 80 per cent of equities clearing business Morrison Securities, from Sequoia Financial Group.
September 12, 2023
