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| | | Morningstar's former head of alternatives has moved to New Zealand to run Clarity Funds Management. Craig Stanford has been appointed chief executive officer of the Auckland-based asset manager that runs about $8 billion on behalf of community trusts ... |
| | | | ... scheme." SMC said profit-to-member super funds are tightly regulated organisations, adding that if highly regulated and well-run parts of the system foot the bill for misconduct elsewhere, it will just escalate risky behaviour, weaken accountability ... |
| | | | ... slowed. Although measures of labour underutilisation remain low, measures of capacity utilisation have surveyed above their long-run average with a lot of firms identifying a difficulty in sourcing labour. According to the Wage Price Index, wage growth ... |
| | | | ... as a top concern (42%), as well as geopolitical events (30%) and interest rates (27%). Additionally, 17% believe they will run out of money in retirement and only 27% are confident they could withstand a major financial shock while retired. "Research ... |
| | | | Financial advice firm Eureka Whittaker Macnaught (EWM) has announced three new acquisitions, advancing its ambitions to become a 'super firm'. Before the year's end, EWM will acquire MSI Taylor Wealth Management led by Peter O'Callaghan and Daniel Shine ... |
| | | | ... expectations," Colosimo said. However, it's rival in the Magnificent Seven bundle Google was up 13.5% in the month, having had a big run in the last few months and taking over Microsoft as the third biggest company in the world. It also released its ... |
| | | | Betashares has launched its Australian Enhanced Credit Income Complex ETF (ASX: ECRD), in expansion of its innovative fixed income investment solutions range. The ETF is designed to invest in floating-rate subordinated bonds issued by Australia's Big ... |
| | | | ... take." Play to your strengths Horne was quite critical of Australia when he wrote The Lucky Country, stating it is a country "run mainly by second-rate people who share its luck." He describes the country as "provincial" in which most of its activities ... |
| | | | Inflation rose 3.8% in the year to October, according to the Australian Bureau of Statistics (ABS), beating market expectations of 3.6%. The largest contributors to annual inflation were housing (+5.9%), clothing and footwear (5.4%), education (5.4%) ... |
| | | | ... some longevity protection in it, so you mix a drawdown benefit with a deferred annuity or an annuity so that people don't run out of money," he added. Whether this is "basic use of an annuity market, which is basically giving you longevity protection," ... |
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