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Mercer Super chief executive steps down
|Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.
AusFood Super looks to revitalise member engagement
|The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.
L1 Group posts 'marked recovery' in June quarter
|L1 Group has reported a marked recovery in investment performance in the June quarter.
European PE firm mandates Apostle with Australian distribution
|Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.
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Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.







Once we stop deluding ourselves that share price increases (ie windfall 'paper' profits) are investment returns, we might start to get somewhere in Australia's having a decent retirement incomes policy. The 2008-09 GFC - from which share-prices have yet to fully recover - surely demonstrated this fact.
Dividend receipts, interest earnings, rental incomes and REALISED capital gains are the only real investment returns.
Share-price changes are merely 'on paper' and delusional and, at best, a speculative approach to retirement income planning.
Time we woke up, Australia!