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Shift needed in retirement income advice: Allianz Retire+

MATTHEW WAI  |  FRIDAY, 14 FEB 2025
... resources for adviser and advice practices, driving more efficiency and consistency and quality outcomes for client, the time is now right for the retirement income philosophy concept to become mainstream."

Australian Retirement Trust, Qantas Super set merger date

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... Super to ART. Qantas Super chair John Atkin said he is confident the transfer to ART will support Qantas Super's members, both now and in the years to come, to feel confident in their financial future so they can look forward to retirement. "Australian ...

Advisers must improve public awareness to win Australians' trust: Report

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... innovation easing much of the administrative burden responsible for "keeping advisers tied up and away from clients," they can now redirect efforts into marketing their services and building stronger client relationships. "... that will involve building ...

EQT brings new strategy to Australia

MATTHEW WAI  |  FRIDAY, 14 FEB 2025
Local individual and institutional investors now have access to a new semi-liquid strategy from EQT - EQT Nexus Infrastructure. The evergreen strategy provides access to a diversified set of strategies across EQT's €75 billion global infrastructure ...

Janus Henderson turns $5.2bn fixed interest fund into active ETF

MATTHEW WAI  |  THURSDAY, 13 FEB 2025
... Australia Matt Gaden also sees a clear shift in fixed income allocations. "After a period of underweight exposure, many are now restoring bond allocations to benchmark levels - or even increasing them - to capture renewed opportunities in the asset class," ...

PGIM inks joint venture for 20 Bridge Street

JAMIE WILLIAMSON  |  THURSDAY, 13 FEB 2025
... have sat on the sidelines of the office sector in recent years as values corrected, believing the outlook for the sector has now improved. "The office sector in Australia has been more resilient than most global office markets, but we see a similar trend ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... get affairs in order as quickly as possible," Glezer said. "With the TPD, I don't believe the money would've been paid by now if we hadn't gone to the underwriters and dealt with them directly. That should never be the case." He said Rest should've done ...

ASIC updates on SMSF advice review

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
... advised to establish an SMSF. Plans for the review were first announced in ASIC's Corporate Plan 2024-25 and the regulator has now confirmed two streams of work are now underway. "We will focus on why some consumers are advised to set up an SMSF, even ...

Treasury consults on genetic test ban in life insurance

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2025
The industry can now provide feedback on the proposed ban on the use of adverse genetic test results in life insurance, with Treasury commencing consultation today. Treasury has opened consultation on the complete ban, which was announced in September ...

Bravura delivers profit, pays special dividend

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2025
... $11.3 million in 1H25, up $13 million compared to 1H24. Following the turnaround in financial performance, Bravura said it is now able to recommence dividend payments. In addition, a special dividend will be paid in relation to the net profit after sale ...