Software company APIR has identified 228 financial product registrations in the September quarter of 2023, in line with the five-year rolling average for the same period.
Industry data has found that a $25,000 difference in annual salary will mean 10 extra years of work when it comes to accumulating a comfortable superannuation balance before retirement.
Minister for Financial Services Stephen Jones says the superannuation sector has been well and truly told off about perceived lack of customer service standards and progress on retirement and does not expect to continue the rhetoric into next year.
When it comes to assessing retirement solutions, the current Your Future Your Super testing regime is not fit-for-purpose. Changing that would require legislative amendment. But recent messaging from the prudential regulator suggests it’s nonetheless a real possibility that funds should be ready for.
Life insurance platform LifeBid has raised $1.45 million in equity funding since launching its equity raising campaign in August, surpassing its goal of $1 million. Some 147 investors participated in the fundraising round. They were predominantly from the life insurance and financial advice sectors. The successful equity crowdfunding campaign follows a strategic co-investment of $630,000 … Read more
MLC Life Insurance has appointed Jane Murray and Kristin Miller to the roles of chief operating officer and chief people officer, respectively.
ETF manager Betashares has launched a currency hedged version of its FTSE 100 ETF on the ASX.
The latest survey by a profit-to-member super fund Rest has revealed that financial stress and cost-of-living pressures are taking a toll on the mental health and outlook of its young members.
AMP and Dexus Funds Management have confirmed the requirement needed to complete the sale of AMP Capital’s real estate and domestic infrastructure equity business Collimate Capital has been met.
Diverger has confirmed in an announcement to the ASX that it has received a non-binding offer to be acquired by COG Financial Services.
The Financial Advice Association has named Andrew Dickinson as the winner of the Gwen Fletcher Memorial Award for semester two of 2023.
Schroders Australia has appointed Elise Kennedy as equities analyst, with responsibilities encompassing technology, healthcare providers/logistics, small cap general retail, and office property trusts.
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Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.
We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
