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Decimal signs key partnership with UK consultancy

EMMA RAPAPORT  |  WEDNESDAY, 22 NOV 2017
Decimal Software is poised to extend their market reach after agreeing to partner with a global creative communications consultancy. The partnership between Decimal and AHC, a UK-based consultancy with operations in the UK, Australia and the US, will ...

gigSuper reaches out to self-employed

EMMA RAPAPORT  |  WEDNESDAY, 22 NOV 2017
Competition in superannuation is gathering pace with the entry of gigSuper, the latest boutique direct product aimed at a niche market. Tapping into growing number of Australians who are self-employed or working in the gig economy, co-founders Peter ...

Industry funds adopt robo-advice

KARREN VERGARA  |  TUESDAY, 21 NOV 2017
Two industry funds with more than 75,000 members are the latest to embrace Decimal Software's robo-advice offering. Mercer superannuation administration and Next-Generation platform clients, GuildSuper and Child Care Super, will be able to access digital ...

Managed accounts now available via FirstChoice

JAMIE WILLIAMSON  |  TUESDAY, 21 NOV 2017
... which advisers can then recommend to clients based on their goals, objectives and risk profile. The offering also operates free from additional investment or administration costs for clients, and all portfolio changes automatically flow through to client ...

Jeremy Cooper explores the inconvenient truth of super

ALEX BURKE  |  MONDAY, 20 NOV 2017
... trustees should have a clear view of where they sit on the spectrum between entirely probability-based outcomes and a risk-free retirement: one backed entirely by the Age Pension and Commonwealth government bonds, for example. Once they have worked out ...

Netwealth lists on ASX

JAMIE WILLIAMSON, MICHELLE BALTAZAR  |  MONDAY, 20 NOV 2017
Netwealth was admitted to the ASX's official list following its successful initial public offering. Debuting on the ASX at midday, Netwealth's fully paid ordinary shares commenced trading on a conditional and deferred settlement basis with normal trading ...

Xero founder sells $94.5m in shares to fund philanthropy

ALEX BURKE  |  FRIDAY, 17 NOV 2017
... aspirations, broadening our investor base with aligned institutional shareholders is an effective way to increase the company's free float and drive additional liquidity in Xero shares." "Personally, the transaction will provide an important foundation ...

Myprosperity partners with $6.2bn platform

KARREN VERGARA  |  TUESDAY, 14 NOV 2017
Myprosperity has partnered with an ASX-listed investment and superannuation platform provider to give clients whole-of-wealth solutions. Clients can now access HUB24 assets via myprosperity. HUB24 director of strategic development Jason Entwistle said ...

ASIC remains firm on IFA definitions

DARREN SNYDER  |  TUESDAY, 14 NOV 2017
... services to consumers are accurately describing their services." "Consumers should not be misled into thinking a person is free from conflicts of interest solely because they use terms such as "independently owned," Kell said. Separately ASIC has also ...

Planners divided on mental health advice

JAMIE WILLIAMSON  |  MONDAY, 13 NOV 2017
... an extract of a news story first published in the latest issue of Financial Standard. You can view the full article on our free iPad app.