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Real AM considers listing new REIT

ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
Real Asset Management (RAM) said it is considering listing an essential services REIT on the ASX next year after acquiring three regional hospitals for $100 million. The hospitals, previously owned by Canada's Northwest Healthcare Properties, include ...

Super industry to branch out: Rice Warner

ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
Over the next 15 years the Australian superannuation industry will evolve into a sophisticated and mature industry, according to Rice Warner's Superannuation Market Projections report. The new report takes a very positive view of the Australian super ...

APRA Connect to go live in 2021

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
... the external test environment for a small number of superannuation entities. This is due to take place around April or May next year. With the new system going live in September 2021, APRA said there will be a progressive cutover of regulatory data reporting ...

Almost 3000 advisers gone in 2020

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... working at Synchron who used to work at AMP, meaning many may have a connection to the dealer group. Lifespan gained the next most, with 12 AMP Financial Planning advisers joining the licensee. A further 10 went to AMP-aligned Charter Financial Planning ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... of the envelope calculation shows that the adjustments show that the Australian economy would be stronger overall over the next two years - 4.25% versus 3.25%. "The unemployment rate, forecast in the 2020-21 Budget to peak at 8% in the December quarter ...

Woman allegedly left out of will because she was born by artificial insemination

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... documents would disclose commercially sensitive and confidential information. A hearing for the matter is scheduled for February next year.

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... contracts, focusing on shorter-dated deliveries, and is the only such ETF exposure in Australia. The fundies of tomorrow The next wave of fund managers is ready to leave their textbooks behind and start investing with real money. And star stockpickers ...

Technology a tool not a threat: Avaloq

ANNABELLE DICKSON  |  THURSDAY, 17 DEC 2020
... intelligence to meet speed and productivity. Further to this, technology will be able to predict what the end-client is seeking next and will be able to react accordingly. One of the most time-consuming tasks for the middle office is the increase in ...

AIA to launch income protection product

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... the product to be refined according to adviser and industry feedback." IP CORE sits at the lower end of the cost spectrum, next to the basic Income Protection Accident Only/Super Income Protection Accident Only cover.

Xinja ceases banking

ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
... exchange traded funds. Xinja said it is already safely executing the return of customers' deposits, which will continue over the next few weeks. APRA will closely monitor Xinja's return of deposits to ensure that funds are returned in an orderly and ...