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| | | Consumer bodies have criticised the Quality of Advice Review's final report, saying the proposals create a two-tier system whereby poorer Australians will only be able to access conflicted advice. Super Consumers Australia director Xavier O'Halloran ... |
| | | | ... the proposal if there were controls around the types of advice that might apply, and an expectation that the education standard was materially raised for those people who are non-relevant providers." He added that if the proposal only allows for simple ... |
| | | | ... over the next few years, which is encouraging, State Street head of alternatives Australia David Grose told Financial Standard. "In Australia, we've also seen an increased investment by superannuation funds in private markets over recent years. There ... |
| | | | ... Vanguard's planned superannuation offer. At the time of the product's launch in November last year, Lovett told Financial Standard that approximately 18,000 potential members had expressed interest in taking up the product, in addition to several ... |
| | | | Crypto asset licensing and custody reforms by the government are targeting subsets outside the financial services framework. In a joint statement, treasurer Jim Chalmers and assistant treasurer and minister for financial services Stephen Jones said ... |
| | | | Battling inflation will be the main economic focus for the government this year. Treasurer Jim Chalmers outlined the government's "major priorities" during his address at the Chifley Research Centre Conference on Sunday and said its going to be a big ... |
| | | | ... system, encompassing both the Age Pension and superannuation, should enable most retirees to maintain their pre-retirement standard of living. However, the taxation of super in Australia is complex and inequitable, with current legislation serving to ... |
| | | | ... billion capital return program, and will strengthen our balance sheet," George said. As previously reported by Financial Standard, in April 2022, AMP confirmed it would sell Collimate's infrastructure equity business to DigitalBridge for $700 million. ... |
| | | | This year, APRA is focused on rectifying sub-standard practices, eradicating unacceptable performance, and influencing improved retirement outcomes. That's according to its 2023 supervision priorities, released today. It said it's all part of holding ... |
| | | | ... for seven years, starting as its investment operations manager. She exited earlier this week. Speaking with Financial Standard, Prime Super chief executive Lachlan Baird said Kang is taking time off to travel and explore other opportunities. Meanwhile ... |
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