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Demand for advice rises

KARREN VERGARA  |  TUESDAY, 8 SEP 2020
... finds. According to Investment Trends, 2.6 million non-advised Australians want the services of a financial planner over the next two years. This demand has jumped twofold from five years ago. The global pandemic has pushed many to seek professional ...

It's not a bird or a plane; it's a new trading platform

ALLY SELBY  |  MONDAY, 7 SEP 2020
... portfolio services, funds management, and wealth advice solutions. According to its website, Sanlam has partnered with the next generation of financial creators in a bid to "create real value that lasts for generations to come". Other than Superhero ...

Morningstar sticks to AMP Capital ratings

KANIKA SOOD  |  FRIDAY, 4 SEP 2020
... [AMP Capital] at tail end of last year. We will do a reassessment of the parent pillar before the end of the cycle, in the next few months, as the new leader is announced."

Instos dial up alternatives allocations

KARREN VERGARA  |  FRIDAY, 4 SEP 2020
... nearly half (40%) of the 459 participants it surveyed between June and July will ramp up allocations to alternatives over the next three to five years. Diversification was the main reason alternative assets look attractive to the majority of institutional ...

Investor expectations pie in the sky: Schroders

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
... Schroders. The Schroders Global Investor Survey reveals Australian investors annual return of 8.9% from their investments over the next five years, down from the 10.9% in the last survey. Around three quarters of investors based their expectations on ...

IOOF names licensee chiefs, acquires platform

JAMIE WILLIAMSON  |  WEDNESDAY, 2 SEP 2020
... licensees, IOOF has consolidated the leadership of its various dealer groups and announced another acquisition. Revealing the next phase of its Advice 2.0 strategy today, IOOF has restructured its advice licensees into two core businesses, appointing ...

Former Crestone CIO starts new boutique

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
... discussions on hold. We are getting those discussion up and running again with the view to launching towards the end of Q1 next year." Carrara is named after a variety of marble. "Michelangelo used it to carve statuses. I was looking for a strong stone ...

Super remains grossly inequitable: Per Capita

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... five-year life of the SG freeze," it said. "Further, we found no reason to expect that these losses would not compound over the next five years if the SG rate is again frozen at 9.5% instead of increasing incrementally to 12% by 2025, as currently le ...

APRA reviews priorities in super

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
... Unlisted asset valuations, early release of superannuation and heatmaps are some of the key areas APRA will prioritise over the next 12-18 months. COVID-19 has forced APRA to reassess the urgency of a number of key initiatives affecting superannuation ...

Hearts and Minds donates almost $10m to charity

ALLY SELBY  |  TUESDAY, 1 SEP 2020
... which is up over 100%, we participated in Spotify, which is up over 75%, while Zillow Group, Microsoft, and our holdings in next tier tech companies have also performed well," he told Financial Standard. The listed investment company's largest holding ...