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Time-poor advisers to embrace model portfoliosBY HARRISON WORLEY | WEDNESDAY, 18 DEC 2019 12:16PM
New research from global asset manager State Street Global Advisors reveals financial advisers may shun traditional investment management tasks in a bid to spend more time on clients as mounting regulatory and compliance responsibilities take their toll.
Read more: Advisers, SSGA, State Street Global Advisors, Brie Williams, Model Portfolio Solutions
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Report: Building stronger relationships with ESG investing
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The earlier than expected easing of restrictions in Australia that defrosted social and commercial activity has had its desired effect - rebounding business conditions and confidence, and the feared one - a second wave.
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Around 300,000 Australians lodged their second application to access their super early at the start of the new financial year.
Spaceship chief executive Andrew Moore says its managed investments business has been the "single, strongest" source of growth for its $300 million superannuation fund.
Nine industry funds are working with Frontier Advisors to probe new longevity risk products for retiree members, which could include tweaking account-based pensions.
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