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| | | New research shows young investors are buying and holdings stocks more than their older counterparts, despite the current environment. During the quarter, ending March 31, younger investors were the highest adopters of a buy-and-hold strategy compared ... |
| | | | As adviser numbers drop below 16,000, the Financial Advice Association Australia (FAAA) is ramping up its initiatives to curb the attrition rate and meet the soaring demand for advice. The FAAA's chief executive Sarah Abood, who spoke at the newly merged ... |
| | | | Invest Blue will provide Lumiant with $2 million in seed capital to develop a digital platform to boost client engagement. Under the strategic partnership, Invest Blue managing director David Stephen will be added to the Lumiant board as the advice ... |
| | | | The Australian Financial Complaints Authority (AFCA) received close to 1500 complaints about superannuation funds over the course of the COVID-19 pandemic. Releasing data now that the World Health Organisation has declared the pandemic over, AFCA said ... |
| | | | The Australian superannuation system allows investors to shift between options and funds daily, raising critical questions about liquidity. Despite requirements under SPG530 - Investment Governance, public disclosure on liquidity stress-testing is relatively ... |
| | | | The $1.2 trillion global asset management business of Prudential Financial has acquired a majority interest in US private credit and direct lending manager Deerpath Capital Management (Deerpath). Since its inception in 2007, Deerpath has deployed over ... |
| | | | ... formally integrating Credit Suisse, UBS unveiled its intended operating model and leadership team. With the deal expected to close in a matter of weeks, UBS explained it intends to keep the companies and brands separate. It explained each institution ... |
| | | | ... result, the 9% increase in expected tax receipts for 2022-23 over 2021-22 and the 4% increase in expenditures don't come close to explaining the 23-24 budgetary framework. On tax receipts, yet again it's individual taxpayers doing the heavy lifting. ... |
| | | | ... partners. In the US the ratio is 107% of their GDP, in the UK it's 81% and India it's 70%. Only neighboring New Zealand comes close to Australia's position as their government debt ratio is also 35% noting that reflecting New Zealand's provincial legislative ... |
| | | | The industry fund is shuttering one of its Choice investment options that was recently highlighted by APRA as an underperformer. Following a review of its Super investment menu, Mine Super is closing its Conservative Balanced Choice option later this ... |
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