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Aberdeen Standard, HUB24 partner

KANIKA SOOD  |  TUESDAY, 21 JAN 2020
Aberdeen Standard Investments is set to launch retirement income products, managed portfolios and a "bionic" advice solution for advisers and employers in partnership with HUB24. The new set of "bionic" advice solutions will kick off with a tool for ...

Zenith bolsters team, hints at expansion

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
A former ARCO Investment Management executive director has been appointed Zenith Investment Partners' first chief operating officer as the firm readies for growth. Jason Huddy will be Zenith's first chief operating officer - overseeing operational ...

ISA slams ANU research as SG debate rears its head again

HARRISON WORLEY  |  MONDAY, 20 JAN 2020
... upped the ante. "ISA says that it is so limited that no meaningful conclusions could be drawn from it," an ISA media release read. "Let alone the dangerous recommendations it makes which would lead to millions of Australians flooding onto the pension ...

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
"Gong xi fa cai"! China celebrates its lunar new year on January 25 this year, bidding farewell to the "pig" and welcoming the 'Year of the Rat'. Beijing has every reason to be optimistic. Derogatory as it may seem to be called "a rat", this ...

New super fund to launch

ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
A new superannuation fund is set to launch next week focused on sustainable investing. Elevate Super will launch on Wednesday next week, a spokesperson confirmed to Financial Standard. Elevate is a sub-plan of Aracon Superannuation, a subsidiary of ...

Chief economist update: Fundamentally overvalued

BENJAMIN ONG  |  FRIDAY, 17 JAN 2020
"I see trees of green, red roses too..." Louis Armstrong's immortal classic played on my head as rain started pouring on this burning land - even did a rain dance in my backyard - and meteorologists forecast more to come that hopefully extinguishes ...

Climate crisis tops list of risks for 2020s

ALLY SELBY  |  THURSDAY, 16 JAN 2020
For the first time, climate crisis and environmental degradation have taken out the top five spots in a list ranking the risks most likely to impact the world over the coming decade. It comes as extreme weather events batter the world; with fires burning ...

Chief economist update: Phase one deal signed, sealed and delivered

BENJAMIN ONG  |  THURSDAY, 16 JAN 2020
The highly anticipated US-China 'phase one' trade agreement has finally come to pass - signed, sealed and delivered on January 15. The deal involves China committing to buy at least an additional US$200 billion worth of US goods and services ...

JPMorgan Chase reports record profits

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... billion) respectively. JPMorgan Chase chair and chief executive Jamie Dimon said the resolution of geopolitical trade issues (read: Trump and China's trade war) helped boost results. "JPMorgan Chase produced strong results in the fourth quarter of 2019 ...

Super fund rebrands

JAMIE WILLIAMSON  |  TUESDAY, 14 JAN 2020
Following numerous cases of mistaken identity, a $2 billion industry superannuation fund has rebranded. EISS Super, or the Electricity Industry Superannuation Scheme, has changed its name to ElectricSuper. "We're still the same fund, offering great ...