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Advised clients' major concerns in 2022

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
From skyrocketing property prices to a foreboding stock market crash, financial advisers reveal their clients' main worries in 2022. Wild swings across the local and international share markets is a concern for many clients, particularly as indices ...

Environmental goals edge out social issues

KARREN VERGARA  |  TUESDAY, 25 JAN 2022
Sustainable investors tend to favour environmental-themed strategies over social ones as the former is more tangible and easier to measure. According to Robeco head of sustainable investing research Rachel Whittaker, environmental factors such as emissions ...

Tasmania leads economic recovery

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... borders is also likely to further support the Queensland economy," CommSec chief economist Craig James said. NSW remains in the top spot in terms of home loans, up 73.2% based on a 10-year comparison. Home loan approvals in Victoria (68%) were the next-strongest ...

Top three drive ETF surge

KARREN VERGARA  |  MONDAY, 24 JAN 2022
The Australian exchange-traded funds sector hit $137 billion in 2021 dominated by the top three players, Vanguard, BetaShares and iShares. The sector grew by a record amount of 44% or $42 billion over the course of 2021, BetaShares' 2021 Australian ...

Advice industry loses 800 over New Year period

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... Interprac Financial Planning (263), Capstone Financial Planning (260), Alliance Wealth (260), Count Financial (251) make up the top 10 practices based on adviser numbers. While many continue to leave the profession, one interesting trend Rainmaker found ...

Macquarie AM reveals outlook for 2022

CHLOE WALKER  |  FRIDAY, 21 JAN 2022
... including increased income and wealth inequality, climate change, and weak growth in real incomes for some cohorts. "Layered on top of these challenges is COVID-19, which was a profound event that, in our view, future historians may well identify as ...

Dramatic growth in non-aligned advisers: Research

KARREN VERGARA  |  THURSDAY, 20 JAN 2022
... Financial has the largest superannuation advice business with 379 advisers. Ord Minnett (198) and JBWere (184) make up the top three super advice segment During the period, only 84 advisers joined the industry, bringing the total population to 18,779 ...

Christian Super hires former Mercer executive

ELIZABETH FRY  |  THURSDAY, 20 JAN 2022
... material strengthening of overall benchmark relative investment performance over all recent periods. Christian Super was in the top five single strategy MySuper funds in the past 12 months while Rider ran the portfolio, according to Rainmaker analysis. ...

Positive hiring outlook for 2022: Research

CHLOE WALKER  |  WEDNESDAY, 19 JAN 2022
... expanding business opportunities (63%), a better economic situation (61%) and successful restructuring (55%) are cited as the top influences on increasing growth prospects in 2022. Further, more than four in five businesses (82%) are planning to hire ...

Cbus to launch new investment options

ELIZABETH MCARTHUR  |  FRIDAY, 14 JAN 2022
... possibility of future mergers in mind, as well as corporate superannuation markets. "Our default Growth MySuper option is a top quartile product, and we continue to view it as a superior product designed to suit most members," Fok said. "We do see that ...