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Grattan Institute renews calls for best-in-show super funds, partial annuitisation
|The Grattan Institute is urging the government to mandate the partial annuitisation of Australians' superannuation and implement the 'best-in-show' list of funds to help simplify a "complex" system and allow retirees to spend their savings with confidence.
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|More companies will divest their superannuation administration offerings in 2025, according to Finura, as super funds potentially move this service in-house amid tighter scrutiny from the regulators.
Insignia grants CC Capital limited due diligence
|Insignia said it has carefully considered the revised CC Capital bid which was made last week.
BlackRock settles lawsuit for 'misleading consumers'
|BlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG considerations.
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Kellie Wood
HEAD OF FIXED INCOME
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED
Schroders Australia's Kellie Wood talks about winning a lot, so much so that it's become a well-intentioned joke with her co-workers - but it's this ambitious attitude that spurs her on every day. Eliza Bavin writes.
After 38 years in this once-great profession I have seen many players - advice execs and advisers - and many ups and downs, many broken promises. I have no doubt whatsoever in my mind of two inescapable outcomes I see by the year 2026: 1) next to zero specialist risk advisers remaining 2) less than 10,000 investment advisers left. I wish it wasn't so however the professions of financial planning and specialist risk advice has been captured by politicians possessed of their next election and the special interest groups who control them. It is beyond sad that 'client best interest' is truly not important to these 'people' - it is only the thinnest of a veneer to hide their true self absorbed intent.