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Invesco launches new equity fund
|Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.
FCA pursues Neil Woodford again
|The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.
Former APRA deputy chair launches retirement solutions startup
|A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.
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Featured Profile
Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
The Financial Services Council is essentially the big end of town, and John Brogden as the CEO proposing that we have a default allocated pension of some description, simply is a cost measure by the large suppliers of product, to gain obviate the advice process that is essential for Australians to have stopped
It will be interesting for the government and opposition to support such a default process when they have just spent the last six months throwing rocks and bricks of each other over the whole issue of advice. Brogden seems to think advice even the smaller retirees is a waste of time.
An interesting proposition coming from the larger part of the product benefactor in group that control The Financial Services Council.
Just a complete nonsense of an idea.