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| | | Altius Asset Management, wholly owned by Australian Unity as of January, flagged two senior appointments and an open position in a June fund update. First, Yen Wong has joined Altius as head of credit research. She was previously deputy head of global ... |
| | | | ... year is at odds with the expectation of having less money at retirement, and tends to reflect that average Aussie workers are not proactively engaged with their super funds, nor do they have a concrete strategy for a comfortable retirement." "The result ... |
| | | | John O'Connell, founder and chief investment officer of the Macquarie Group-owned robo-advice venture Owners Advisory, has passed away at the age of 53. O'Connell had a long and distinguished career at Macquarie, starting as a senior analyst in the ... |
| | | | ... said they need professional help in managing the taxes associated with their investments, though 27% said their adviser is not offering enough help, if any. Despite this, only 58% of investors say they would change their adviser to get more help with ... |
| | | | ... executive Ben Smoker said. "This differentiates us from other multi-asset brokers who also offer access to local shares, but do not have HIN," Smoker added. "This global markets trading offering, coupled with our range of reporting platform data feeds ... |
| | | | ... right. If a super balance falls between $1.6 and $1.7 million, clients have six months to reduce it without penalty. If this is not addressed by December 31, the balance still needs to be reduced - "you have to reduce the amount in excess plus the notional ... |
| | | | ... could be enticed to substantially increase their $1.6 billion stake in Australian agriculture. "Institutional players have not always fared well in Australian agriculture. Past failures, poorly executed or short sighted, usually revealed on closer examination ... |
| | | | ... like-minded auditors to adapt to a "new age" of super audits. Evolv executive director Ron Phipps-Ellis said the firm's role is not to compete with other SMSF auditors. "The market is large, and our SMSF audit industry is disparate," Phipps-Ellis said. ... |
| | | | ... constructing an equally weighted portfolio consisting of the 30 most shorted stocks," Tay said. In terms of ratings, 11 stocks were 'not rated', 13 were 'recommended', five were 'approved' and one was 'highly recommended'. "The data showed that the short ... |
| | | | ... a report issued yesterday, ASIC found that responsible entities operating managed funds on behalf of retail investors were not adequate in the areas of: managing conflicts of interest; breach reporting; custody; risk management systems; rewards and incentives ... |
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