FAAA sees 9500 member renewals
The Financial Advice Association has received 9525 membership renewals which includes 8093 practitioners.
Asset owners cannot ‘divest climate risk’: IGCC
Rebecca Mikula-Wright, CEO of the Investor Group on Climate Change, said asset owners around the world need to quickly get up-to-speed on the “least-understood risk in the economy”. Local funds are hoping the Australian government’s planned decarbonisation pathways and taxonomies will help give them clarity and confidence.
SuperConcepts & EQT enter into service agreement
SMSF administration provider SuperConcepts has entered into an enterprise service agreement with Equity Trustees to continue servicing the administration needs of its Australian Executor Trustees platforms business.
Treasurer appoints three new ASIC commissioners
ASIC has appointed Choice CEO Alak Kirland, Treasury first assistant Katherine O’Rourke, and Commonwealth Bank’s Simone Constant as commissioners.
IMAP announces 2023 managed account award winners
The Institute of Managed Account Professionals has announced the winners of the 2023 IMAP Managed Account Awards across nine categories.
Treasury to probe retirement as intergenerational report drops
Treasurer Jim Chalmers is expected to kick off a public consultation about retirement income settings, as the landmark intergenerational report shows superannuation will take significant pressure off the age pension over the next four decades. The Conexus Institute’s David Bell says no major DC pension system has successfully pulled off the transition from accumulation mode.
FAAA statement on ASIC’s performance to Senate inquiry
Following is a statement made by the Financial Advice Association to the Senate Economics References Committee on 23 August about ASIC’s performance by FAAA chief executive Sarah Abood and three better ways it can achieve its goals.
SCA updates retirement savings guidance
Consumer advocate Super Consumers Australia has updated its home-owner retirement savings targets to reflect changes in the cost of living and the Age Pension.
BRICS alternative to US dollar a risk for insto investors
China’s clash with the US creates a slew of currency, geopolitical, climate and military risks for Australia, says Vikram Mansharamani. In an interview on the sidelines of the Portfolio Construction Forum Strategies conference in Sydney, the analyst and Harvard lecturer says institutional investors can’t just ignore them.
Exclusive interview with Prime Minister Anthony Albanese
Prime Minister Anthony Albanese speaks with Conexus Financial editor-in-chief Aleks Vickovich.
Albanese says nation-building consistent with super’s purpose
In an exclusive interview with Investment Magazine, Prime Minister Anthony Albanese says superannuation is an “extraordinary national asset” that should play a critical role in supporting long-term social infrastructure. The government’s proposed purpose of super would preserve retirement savings from raids, he says, while allowing capital to be deployed to national priorities.
