Australians boost super to fend off economic uncertainties: Research
Australians want to contribute more to their retirement savings during times of economic uncertainties, research by Equip Super found.
April 29, 2024
Future Fund adds $17.2 billion in financial year to date
Australian sovereign wealth fund Future Fund has returned 8.3 per cent in the financial year to date, adding $17.2 billion during the period and taking the overall assets under management to a record $223.4 billion.
April 26, 2024
March exam sees 70pc pass rate
Some 70 per cent (210 candidates) have passed the March 2024 ASIC adviser exam, the first sitting since the exam structure was updated.
April 26, 2024
JAWG pushes for education changes
The Joint Associations Working Group has recommended to government a more flexible education standard for new entrants and career changers.
April 24, 2024
Otivo appoints head of product strategy amid super fund demand
Digital advice provider Otivo has appointed Joanna Lawson as head of product strategy, citing demand from super funds seeking to offer their members accessible and licensed financial advice as the reason for the appointment.
April 24, 2024
Average retirement age in Australia increases by 4 years
Australia’s retirement age has increased four years between 2000 and 2020, which was the 12th biggest increase in all OECD countries, according to study from Age Calculator.
April 23, 2024
Super funds deliver fifth straight month of gains: Chant West
The median growth super fund has returned 8.8 per cent in the 2024 financial year so far with one more quarter ahead, according to research house Chant West.
April 23, 2024
Aware Real Estate begins two Melbourne housing developments
Aware Real Estate has launched large-scale housing development at Queens Road, in Melbourne’s inner south, and Preston in the city’s north, with the aim to add more than 700 homes to the city’s housing market.
April 23, 2024
JANA appoints director of client development
Asset consultant JANA has appointed Habib Chebli as director of client development, based in Melbourne.
April 23, 2024
FSC adds advice licensees to membership
The Financial Services Council has appointed the heads of WT Financial Group and Fortnum to the board amid a change in strategy to incorporate advice businesses to the council’s remit.
April 23, 2024
Macquarie Bank pays $10m for failing to monitor third-party adviser
Macquarie Bank has agreed to pay a $10 million Federal Court penalty for failing to monitor the conduct of third parties, including convicted financial adviser Ross Hopkins who embezzled $2.9 million from his customers’ accounts without being detected by the bank.
April 19, 2024
ASFA appoints AustralianSuper executive to board
The Association of Superannuation Funds of Australia has appointed AustralianSuper’s Paula Benson, chief officer of strategy and corporate affairs as a board director.
April 19, 2024
