Carr takes handbrake off China investment
Just as the International Monetary Fund warns China is engineering an “unsustainable” increase in borrowing, former NSW Premier Bob Carr tells an industry conference it’s OK now to invest in the country.
Just as the International Monetary Fund warns China is engineering an “unsustainable” increase in borrowing, former NSW Premier Bob Carr tells an industry conference it’s OK now to invest in the country.
Almost three-quarters of candidates sitting the August adviser have passed, according to results from ASIC.
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.
A daunting commercial property market and forecasts of negative returns for a second year in a row haven’t deterred funds from exploring opportunities in less-traditional areas that favour their long term investment horizons. Most profit-for-member funds plan to either maintain or lift the size of their property portfolio even as valuations in the office and retail segments shrink.
The Association of Superannuation Funds of Australia and Industry Super Australia have welcomed the passage of the Housing Australia Future Fund (HAFF) legislation, with the support of the Greens and crossbench senators and members.
Industry fund Aware Super has launched its client portal to help independent financial advisers (IFAs) interact with the fund.
The Financial Services Council has appointed AMP chief executive Alexis George and BT Financial Group CEO Matt Rady to its board.
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.
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.
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.
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.
Viridian Financial Group has launched managed accounts service Infinity Capital Solutions.