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| | | ASIC has slammed superannuation trustees for poor retirement communications practices, finding that many funds are missing opportunities to engage with members throughout retirement and provide more meaningful support. ASIC's review, Report 818 From ... |
| | | | ... Fortitude's chief commercial officer Chris Brookman said the lower mid-market private equity segment is underserved with only a few managers specialising in the area. "Given it's higher return potential and differentiated exposure, the Fortitude Small ... |
| | | | ... stronger." Also commenting, Financial Advice Association Australia chief executive Sarah Abood said: "ReCALIbrate is one of the few programs that addresses the real-world barriers women face when building their advice careers." "We're excited to welcome ... |
| | | | ... around entail a product and culture overhaul, and even giving away his short-term incentives (STI) to staff. After a tumultuous few years marked by losses and leadership instability, the ASX-listed wealth group is well on its way to a recovery, having ... |
| | | | The merger between CareSuper and the Meat Industry Employees' Super Fund (MIESF) is now complete. The merger was effective yesterday, with CareSuper taking on MIESF's almost 17,000 members and about $1.1 billion in funds under management. Financial ... |
| | | | ... available in Australia, New Zealand, Europe, Asia, Latin America, Middle East and Canada. "Our launch of HLGVG, one of the few venture-focused evergreen products globally, allows clients to participate in the most inaccessible part of the private markets," ... |
| | | | The Reserve Bank of Australia (RBA) kept interest rates on hold at 3.6% at the meeting yesterday - a move widely predicted by economists. However, some were surprised by the post-meeting statement released by the central bank. "Recent data, while partial ... |
| | | | ... said. One good example is Corient, which was previously known as CI Financial and is poised to boast US$430 billion in AUM. "A few weeks ago, it became the world's largest non-bank wealth manager with the acquisition of two of the largest wealth ... |
| | | | ... merged into bigger players. CareSuper, Meat Industry Employees' Superannuation Fund (MIESF) and TelstraSuper are among the few remaining that manage their administration internally; CareSuper and MIESF are set to merge on October 1, and TelstraSuper ... |
| | | | ... acquisition of a potentially fast-growing company by a GP and a group of patient long-term investors, followed by an exit a few years later - is increasingly being supplemented or supplanted by a different picture. "Prolonged GP stewardship of assets ... |
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