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Aussies not bothered by volatile markets: State Street

CHLOE WALKER  |  TUESDAY, 31 JAN 2023
... globally). In addition, the report stated that Aussies are overwhelmingly optimistic about their financial future over the next 12 months (78%), compared with only 15% being pessimistic. "This indicates the remarkable resilience in the Australian economy ...

Fintech predictions for 2023: Finura

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
... such as Lumiant, iFactFind and Advice Revolution, as examples and said these firms are beginning to offer client portals. Next, it moved on to digital advice and institutional funding and said last year it felt optimistic about the sector. Finura said ...

Skill shortage to continue to cost Aussie companies

CASSANDRA BALDINI  |  MONDAY, 30 JAN 2023
... more than half of chief investment officers (52%) identified the talent shortage as their primary staffing challenge for the next 12 months. "Coming into the new year, we are still seeing historically low unemployment and high job vacancy rates," explained ...

FPA, AFA merger consultation to close

CHLOE WALKER  |  FRIDAY, 27 JAN 2023
... a draft constitution that would form the new constitution of the merged entity. According to FPA chair David Sharpe, the next stage will be to incorporate member feedback and finalise the draft documents. "Member feedback is essential to the proposed ...

Capital Group kicks off succession plan

CHLOE WALKER  |  FRIDAY, 27 JAN 2023
... passing along a strong and unique culture." He added: "I am proud to see how well-positioned Capital is and am confident the next leadership group will continue to deliver on our mission, helping people achieve their long-term financial goals." Lovelace ...

Superannuation objective: Australians want retirement income

ANDREW MCKEAN  |  FRIDAY, 27 JAN 2023
... as investing in nation building infrastructure, he said." "With an additional three million Australians retiring over the next decade, outcomes from the Government's consultation on the objective of the superannuation system must reflect the expectations ...

MLC Life Insurance welcomes new non-executive director

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
... chairman Peter Grey welcomed the appointment and said Stephen's experience will be a great asset during the firm's next phase. "I am pleased to welcome David to the MLC Limited board. He is one of the most experienced risk professionals in financial ...

AMP warns $68m impairment expected

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
... strategy as a focused wealth management and retail banking business in Australia and New Zealand." The results will be announced next month.

Mason Stevens grows platform, tech teams

JAMIE WILLIAMSON  |  FRIDAY, 20 JAN 2023
... From 2010 to 2017 he held roles including head of portfolio services and technology manager. He's also previously worked for Next Financial, Wilsons HTM, Broadridge and Creativemass. In the new role, he will lead the continued development and enhancement ...

Sentinel makes BTR debut in Queensland

CHLOE WALKER  |  FRIDAY, 20 JAN 2023
... Queensland continue to tighten and areas like Robina expect to see a significant boom in population and jobs growth over the next decade."