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| | | ... profitability. Investment Trends chief executive Eric Blewitt said managed accounts have increased profitability by freeing up time for advisers to service a greater number of clients. "Those advisors, reinvesting that time, are having conversations ... |
| | | | ... data showed the average balance of newly established platform accounts is over $349,500, with an average age of 59 at the time of switching. It found even among younger investors switching to super platforms, balances are significantly higher than those ... |
| | | | AustralianSuper independent chair Don Russell used his panel at the Australian Council of Superannuation Investors (ACSI) conference in Sydney to clarify the call to abolish the ban on superannuation funds from borrowing money or issuing debt. AustralianSuper ... |
| | | | ... the trading desk daily. "There are so many points where I could demonstrate those execution outcomes having improved over time as a function of what was a very deliberate choice that we made 10 years ago," he said. "The other interesting element is that ... |
| | | | ... sales role, opting instead to distribute via third-party Kings Gate Capital Partners. That shift led to the departure of long-time institutional sales lead Ciaran McAssy, who spent nearly 13 years with the firm before joining KeyInvest. Love founded ... |
| | | | ... saw that at Magellan and MinRes and [to a smaller extent] at Reece," she said. "That, to me, is a bit of a pattern in real time that starts to make you think, 'Hang on a second, what could that number be except a reflection of ego?'" At the other end ... |
| | | | Treasurer Jim Chalmers said the Federal Budget being handed down in May will make some "tough decisions" as the Australian economy faces uncertain times ahead. Chalmers said as the conflict in the Middle East continues, Treasury estimates inflation ... |
| | | | ... integrate AI into processes. "Client data currently sits across multiple systems and lives in emails and documents, and too much time is spent assembling information before the real work of giving advice can begin," Lawler said. "We're solving that headache ... |
| | | | ... governance and accountability for managed investment schemes, and this is an issue which has been on the public agenda for a long time. It's a complex issue," Mulino said. "We know that managed funds, managed investment schemes (MIS) in particular ... |
| | | | ... the submission, Abood said the number of financial advisers and paraplanners continues to fall well short of demand at a time when Australians are increasingly seeking financial advice to improve household financial wellbeing, retirement outcomes, and ... |
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