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Vanguard to acquire custodian Altruist
Vanguard will acquire custodian and investment platform Altruist in a bid to expand into the American independent financial adviser market.
FAAA pushes to expand NCA to financial advisers
Financial Advice Association Australia (FAAA) said it will advocate strongly to expand the scope of the New Class of Advisers' to all financial advisers, which will currently be limited to only superannuation funds and life insurers.
SMSFA appoints head of professional standards
The Self-Managed Super Fund Association (SMSFA) has appointed Keddie Waller as the head of professional standards.
UniSuper unlocks close to $15k for members moving into retirement
Eligible UniSuper members will receive a tax-free bonus of up to $14,700 when they move into retirement phase from October 1.
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Liza McDonald
HEAD OF RESPONSIBLE INVESTMENT
AWARE SUPER
AWARE SUPER
Liza McDonald would have you believe her path from a legal secretary to the head of responsible investment at Aware Super was a matter of good fortune. Her career says otherwise. Riddhima Talwani writes.







This is a weak economic recovery in the US. If you dig deeper into the data you will find that the improvement in US unemployment is due to an insidious decline in the participation rate over several years. This means that a reduction in unemployment won't lead to a normal improvement in economic growth because lower unemployment is not leading to higher consumption.
So it will be another MJ song those US pollies should be singing "Don't Stop Till You Get Enough" ... or in other words unemployment will have to drop alot more than it has been even below 6.5% and don't stop there keeping going to 6% and below. Remember, Don't Stop Till You Get Enough!"