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| | | ... retirees' income, contravening funds' obligation to provide the best possible outcomes for their members. Statistics show that nearly half of retirees only draw the government-mandated minimum income, leaving an average of 30% of their accumulated ... |
| | | | Now in its 10 th year, the Financial Standard Power50 list showcases the most influential financial advisers in the country in 2023. Financial Standard has released its annual Power50 list, comprising a vibrant and diverse mix of familiar faces and ... |
| | | | Loyalty among superannuation fund members is at a three-year high, with just 18% now intending to take their retirement savings elsewhere. That's according to the latest CSBA FEAL Superannuation CX Benchmarking report, which surveyed more than 7200 ... |
| | | | The success behind high-performing financial advice firms is largely driven by their ability to operate strategically with discipline and help advisers focus on servicing clients' needs, a new analysis shows. A study by Macquarie Business Banking and ... |
| | | | The Australian Bureau of Statistics (ABS) released consumer price index data yesterday, showing a moderation in annual inflation from 6% to 5.4%. However, inflation climbed 1.2% in the September quarter, outpacing the 0.8% increase in June, prompting ... |
| | | | Following its decision to tap into the private debt market, EG Funds (EG) has appointed a director of business development to expand its fast-growing private wealth division. EG Private Wealth, spearheaded by director Rodney Walt, partners with private ... |
| | | | While traditional equities and bonds still have a place in portfolios, an effective strategy for balancing portfolio volatility and generating yield involves incorporating alternative investments, says abrdn investment director Raf Choudhury. Choudhury ... |
| | | | Macquarie Group broke into the world's top 50 largest fund manager rankings with US$543 billion in assets, making it the only Australian fund manager on the list. The latest analysis by the Willis Towers Watson's Thinking Ahead Institute shows ... |
| | | | ... historically considered by fund managers to be the most influential person at a superannuation fund, fresh insights from Frontier show the balance of power has steadily shifted. According to Frontier, in 2017 about 52% of fund managers believed a super ... |
| | | | ... conduct provisions and the false and misleading representations provision. To qualify for these exclusions, licensees must show three things. First, that the relevant breach must only impact one person or relates to a financial product, credit product ... |
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