Why getting Tranche 2 of DBFO right is so important
Colonial First State CEO, superannuation, Kelly Power and Financial Services Council CEO Blake Briggs talk to Conexus Financial editor-in-chief Aleks Vickovich about the road to completing advice reform, after the first tranche of legislation was plagued by ferocious debate and a series of drafting errors.
August 23, 2024
Allianz study reveals three-quarters of retirees open to work
A study by Allianz has unveiled more than 75 per cent of retirees and pre-retirees are open to employment post-retirement.
August 23, 2024
Insignia’s advice profit overshadowed by $185m group loss
Insignia says its advice division has reached profitability despite the overall group announcing heavy one-off losses that were foreshadowed last month. CEO Scott Hartley tells Professional Planner cost reductions have driven improvements for advice.
August 22, 2024
Industry welcomes paid parental leave super contribution bill
Major super funds and industry peak bodies have welcomed the introduction of the Paid Parental Leave Amendment (Adding Superannuation for a More Secure Retirement) Bill 2024 into Parliament.
August 22, 2024
Seeing that your clients catch your drift
Advisers need to ensure they are on the same page as their clients to prevent information being misconstrued, according to a strategies summit. To do so, advisers must observe how their clients receive information.
August 22, 2024
ASIC places offshoring and AI in advice under magnifying glass
ASIC will be scrutinising adviser use of offshoring and how licensees have been utilising AI as part of its corporate plan for the next financial year. Additionally, there will be more targeting of surveillance of practices that don’t make any breach reports.
August 22, 2024
SMSF Association appoints policy manager
The SMSF Association has appointed Keddie Waller as policy manager to bolster its advocacy and policy work for government reforms impacting the SMSF sector.
August 21, 2024
REST changes investment menu
Industry fund REST has reduced the number of options from 15 to 9 on its investment menu.
August 21, 2024
Former ART chief Bernard Reilly to lead Perpetual
Former Australian Retirement Trust chief executive Bernard Reilly has been appointed as CEO and managing director of Australian fund manager Perpetual, effective 2 September, the asset manager said in an ASX announcement.
August 21, 2024
What advisers want (from their licensees)
You can satisfy some advisers all of the time, and all advisers some of the time. But the latest CoreData research suggests Count has pulled off the feat of satisfying almost all of its advisers all of the time. It’s done this while integrating two acquisitions and managing three distinct communities of advisers under the one roof.
August 20, 2024
HUB24 sees margin crunch amid continued investment
Platform provider HUB24 has identified improved profit margins as a strategic priority for the next financial year, after making on loss-leading acquisitions that it aims to bring to breakeven. The initiative coincides with the goal to reach $115 billion on the platform over the next two years, which will almost close the gap to the institutional players that once dominated the space.
August 20, 2024
