Editor's Choice
AIA snags Acenda head of products
AIA Australia has welcomed a new head of partnerships, who joined from Acenda after leaving the firm in March.
Praemium chief exits amid leadership renewal
Praemium is reshuffling its top leadership to refresh its strategy, keeping the same goals but with "faster pace, better execution and increased focus on customers".
ASIC lifts stop orders against Remara
ASIC has lifted three interim stop orders against Remara Investment Management's private credit products, after it amended its target market determination (TMD).
Brookfield-owned Oaktree raises US$2bn for private credit fund
Brookfield-owned Oaktree has achieved its target fund raise of US$2 billion for its Asset-Backed Financial Fund.
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Cliff Man
CHIEF EXECUTIVE OFFICER
ETF SHARES MANAGEMENT LTD
ETF SHARES MANAGEMENT LTD
ETF Shares chief executive Cliff Man spent his career automating, building and challenging established systems. Now, he is betting that Australia's ETF market has room for something different. Vinny Vucago writes.







The combination of the 1 Jan 2017 Centrelink taper for the asset test, plus the $500,000 lifetime non-concessional super cap sends a clear message that the Govt wants to penalise retirement saving, or simply make it more difficult. So many people won't, therefore, get ready for a massive blowout in the Centrelink Age Pension over the next decade once couples get to work rearranging their financial affairs to collect the full age pension, rather than just receiving a partial age pension that will end on 31 Dec 2016.