Aware Super launches adviser portal
Industry fund Aware Super has launched its client portal to help independent financial advisers (IFAs) interact with the fund.
MP, BT heads join FSC board
The Financial Services Council has appointed AMP chief executive Alexis George and BT Financial Group CEO Matt Rady to its board.
Rising costs worry most older Australians: Challenger research
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.
Australians retiring later than global peers: Natixis data
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.
‘This is big’: The stark difference between APRA funds and SMSFs in retirement
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.
Advice key to financial well-being: CFS research
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 launches Infinity Capital Solutions
Viridian Financial Group has launched managed accounts service Infinity Capital Solutions.
Priority Advisory Group & Wise Planners merge to create multi-disciplinary firm
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.
The chosen paths: Directing members into retirement solutions
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.
Why ‘hero asset managers’ pose a major risk for super funds
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?
Super funds encounter mild challenges in August
Superannuation funds saw modest returns in August, with the median balanced option experiencing a slight decline of -0.1 per cent, according to SuperRatings.
HESTA appoints portfolio design head
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.
