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| | | Munro Partners is expanding its offering to Canada's major institutions, hiring an institutional investments executive based in Toronto this month. Brad Haughey has been appointed to the newly created role of vice president, institutional investments ... |
| | | | Stakeholders have welcomed the findings of ASIC's interim report on Australia's private credit sector, saying it serves as a timely call for greater transparency. The report found there are many improvements to be made in the sector, particularly in ... |
| | | | The Age Pension is increasing tomorrow, while previously frozen deeming rates will rise by 0.5%. From tomorrow, September 20, the Age Pension will increase by $29.70 a fortnight for singles and $44.80 for couples combined. This will see singles receive ... |
| | | | Greece has launched a new arm of its sovereign wealth fund, focused on investments in technology, innovation and infrastructure. The Hellenic Innovation & Infrastructure Fund (HIIF) will serve as the investment arm of Growthfund, the existing national ... |
| | | | The Life Insurance Code Compliance Committee (Life CCC) has found many insurers are still using blanket mental health exclusions despite being required to assess customers' individual circumstances. Releasing its report on life insurers' compliance ... |
| | | | AMP has settled a class action brought against N.M. Superannuation, AMP Superannuation and AMP Services, agreeing to pay $120 million. The class action was brought on behalf of superannuation clients and their beneficiaries for the period of July 2008 ... |
| | | | New research from Goldman Sachs shows that family offices have upped investments in equities at the expense of alternatives. Goldman Sachs' survey of 245 family offices, including about one quarter based in Asia Pacific, found equities have become favoured ... |
| | | | Australians receiving the Age Pension are often subjected to higher marginal tax rates of 60% to 80%, disincentivising them from being more active in the workforce, new research from HESTA suggests. The research said in some extreme cases, these rates ... |
| | | | According to the Association of Superannuation Funds of Australia's (ASFA) quarterly Retirement Standard, most couples around 65 wishing to live a comfortable lifestyle in retirement would need $75,319 per year. That's an increase from $73,875 in ... |
| | | | Responding to the Treasury consultation on the Compensation Scheme of Last Resort (CSLR), the SMSF Association (SMSFA) agrees the most efficient and equitable way to fund the special levy is to spread it across all Australian Financial Complaints Authority ... |
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