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Editor's Choice

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |   11:43AM
The new option is expected to be available in early 2025.

Lombard Odier brings plastic circularity fund down under

JAMIE WILLIAMSON  |   12:38PM
Lombard Odier Investment Managers (LOIM) is bringing its Plastic Circularity Fund to Australia, following a first close last year with backing from the sovereign wealth fund of Monaco, among others.

Treasury releases draft legislation for new $3m super tax

ELIZA BAVIN  |   11:58AM
The SMSF Association has slammed the proposed changes, claiming it will result in more red tape, costs and unexpected outcomes.

Castlerock embarks on $30m capital raise

KARREN VERGARA  |   12:27PM
Property fund manager Castlerock is aiming to raise $30 million to expand its portfolio focused on government-leased assets.

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |    12:31PM   The financial advice industry will be forced to pay $18.5 million to fund the Compensation Scheme of Last Resort's (CSLR) first year of operation, drawing outrage from the sector.

Advisers flock to managed accounts, but are very selective

ELIZA BAVIN   A new report reveals 25% of all new client inflows are placed into managed accounts.

Lombard Odier brings plastic circularity fund down under

JAMIE WILLIAMSON  |    12:38PM   Lombard Odier Investment Managers (LOIM) is bringing its Plastic Circularity Fund to Australia, following a first close last year with backing from the sovereign wealth fund of Monaco, among others.

Castlerock embarks on $30m capital raise

KARREN VERGARA  |    12:27PM   Property fund manager Castlerock is aiming to raise $30 million to expand its portfolio focused on government-leased assets.

Overhaul of TPD structure, pricing needed: MLC Life

CHLOE WALKER   Close to half of Australian workers have three months or less savings to get them through a disability impacting their ability to work, and women are particularly at risk, according to new research by MLC Life Insurance.

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN   The Association of Superannuation Funds of Australia (ASFA) has reported a sharp decline in group insurance coverage, pointing the finger at recent reforms.

How will Division 296 Tax impact farmers?

CHLOE WALKER   RSM Australia director of SMSF services Katie Timms says farmers will be disproportionately impacted by the government's draft legislation Division 296 Tax.

Proposed super tax requires perspective: Expert

KARREN VERGARA   Members must look beyond the "doom and gloom" of the superannuation tax leaping from 15% to 30% and not be scared off from using SMSFs as an alternative retirement savings vehicle, according to an expert.

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |    11:50AM   With the Reserve Bank set to make its interest rate decision today, some economists have warned hopes for a rate cut have been pushed back.

Chalmers expected to deliver Budget surplus

ELIZA BAVIN   In a pre-Budget address, the Treasurer said there will be no big cash splashes in this year's budget.

ASIC extends ETF class order

KARREN VERGARA  |    12:26PM   ASIC has released a new legislative instrument that extends relief to a broader class of quoted funds.

Policymakers face significant challenge in regulating AI

ELIZA BAVIN  |    11:47AM   A new whitepaper from GSFM and Epoch Investment Partners outlines how policymakers should approach AI regulation.

Perpetual, Pendal combine multi-asset capabilities

JAMIE WILLIAMSON   Perpetual is creating a new multi asset strategies team, in a move that will see the departure of Pendal Group's head of multi asset.

UK manager recruits Australia head

ELIZABETH FRY   BlueCove Investment Management has hired a former Morgan Stanley executive to represent it in Australia.

Treasury releases draft legislation for new $3m super tax

ELIZA BAVIN  |    11:58AM   The SMSF Association has slammed the proposed changes, claiming it will result in more red tape, costs and unexpected outcomes.

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |    11:43AM   The new option is expected to be available in early 2025.

AMP upgrades North investment platform

ANDREW MCKEAN   AMP's North wrap platform has introduced a feature that enables financial advisers to select investments by entering a client's target portfolio weightings.

Experts issue warning over AI washing

ANDREW MCKEAN   Artificial intelligence is perhaps the most transformative technology since the advent of the internet, poised to herald an unprecedented digital economic revolution. To appear at the precipice of the movement, some are employing deceptive tactics tantamount to AI washing, experts say.

Family offices still love hedge funds: Preqin

CHLOE WALKER   The number of family office investors allocating to hedge funds increased by 10% from 2022 to 2023, and has doubled since 2015, according to new research by Preqin.

HNWI collecting activity stoops: Knight Frank

CHLOE WALKER   Despite a slew of record-breaking sales, luxury investment markets weakened in 2023, according to the Knight Frank Luxury Investment Index (KFLII).