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| | | Prime Minister Scott Morrison has confirmed a reverse mortgage scheme for pensioners. During a radio interview with Spencer Howson, Morrison said the mid-year budget will include a cash access scheme for pensioners. "We've had a pension loan scheme ... |
| | | | ... least the last two financial years. "One of the things that I am most proud of is the big strategic decisions we made at the start and one of them was to focus on wholesale clients," he said. "It was quite a bold decision at that time. There was virtually ... |
| | | | HESTA has launched a digital tool to improve the accessibility of financial advice to its members, many of whom may experience barriers accessing conventional services provided by the broader industry. Since going live eight weeks ago, more than 60,000 ... |
| | | | ... 40% drop in just three years. It's predicted fewer than 17,000 financial advisers will remain in the industry come the start of next year," Jones said. The exodus has led to an estimated 28% jump in fees over the last two years. "What matters is ... |
| | | | ... growth in this space poised to continue." "As consumer investment into this new asset class gains momentum and Australians start to evolve how they think about the future of money, every financial institution will require a strategy for crypto." Of the ... |
| | | | ... where he is currently an associate, responsible for the portfolio of Australian and New Zealand corporate issuers. He will start with Yarra in January 2022 and will be based in Melbourne. Ginges joins from Minchin Moore Private Wealth, where he is an ... |
| | | | ... $45,000). "In contrast, the average recipient of a gift was about 20 years of age, at the beginning of their career, yet to start a family or purchase a house, and received about $8000 (again, the median was much lower, at about $1000)," the report read. ... |
| | | | The chief executive of Magellan, Brett Cairns, has resigned for personal reasons. The fund manager's chief financial officer Kristen Morton is stepping in as interim chief executive. Morton has been chief financial officer at Magellan for more than ... |
| | | | QSuper and Sunsuper unveiled a new name ahead of their planned merger, set to finalise early next year. The combined $230 billion super fund will be known as Australian Retirement Trust. Sunsuper's 1.4 million members will become members of Australian ... |
| | | | ... investment roles. The research, published in the whitepaper, found that barriers to entry for women in funds management start at university - with women less likely to be aware of investment management as a career option. Women are also more likely to ... |
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