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.
Financial 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.
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.
Top portfolio managers, chefs and rockstars all share some common traits: a healthy ego, enjoyment in performing, building excellence, and significant key-person risk. Heroes and their stories have their place to inspire us, but Michael Swinsburg asks: can they build and sustain enterprises?
Superannuation funds saw modest returns in August, with the median balanced option experiencing a slight decline of -0.1 per cent, according to SuperRatings.
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.
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.
Industry super fund AustralianSuper has invested $2.5 billion in Vantage Data Centers EMEA through a partnership with digital infrastructure firm DigitalBridge Group, making them key shareholders in the company.
Rest chief investment officer Andrew Lill is prioritising renewable energy assets as part of its alignment to Sustainable Development Goals. The fund has committed capital to Octopus Australia’s OASIS fund, adding to its existing wind farm and green energy equity exposure.
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.
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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.
