Reforms needed to boost engagement: ASFABY MATTHEW WAI | MONDAY, 23 SEP 2024 12:28PMResearch from the Association of Superannuation Funds of Australia (ASFA) shows only half of all adult Australians have consulted any source of information on preparing for retirement. The group says Tranche 2 of Delivering Better Financial Outcomes (DBFO) could help. Related News |
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Objective of super enshrined in law
After a decade in the making, an objective of superannuation has been legislated, with the bill passed in parliament yesterday.
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Morningstar has heaped praise on Australian Retirement Trust (ART), saying it is home to a "high calibre investment leadership team playing to their strengths," but warned of key person risks.
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Reserve Bank of Australia governor Michele Bullock has struck a hawkish tone on interest rates when addressing a CEDA dinner.
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The methodology used to calculate compensation for victims of bad financial advice appears to factor in 'opportunity costs' and has drawn the ire of advisers, calling it "unfair" and "unsustainable" for the industry.
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Featured Profile
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.
