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Chief economist update: Australian bull market here we come

BENJAMIN ONG  |  THURSDAY, 13 JUN 2019
Just a weetle more, a weetle more... a little more push higher and sooner than soon, the All Ordinaries index would satisfy the technical definition of a bull market - a 20% rally from its nearest low - and onwards towards topping its record high of ...

Millennial super products still just hype

KANIKA SOOD  |  WEDNESDAY, 12 JUN 2019
Millennials control $130 billion of superannuation money but most products pitched specifically at them have been slow to take off, new Rainmaker research shows. Australia had 19 superannuation products designed for millennials and marketed as app-based ...

Commonwealth FP completes EU compliance

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 JUN 2019
Commonwealth Financial Planning has complied with ASIC's court enforceable undertaking regarding fees for no service conduct and said it will transition to a new business model. At the end of May, ASIC received an attestation from Commonwealth Financial ...

Intrust launches micro-saving app

KARREN VERGARA  |  TUESDAY, 11 JUN 2019
Intrust Super is helping members save for a house and more for retirement by launching micro-contribution tool SuperCents. SuperCents connects members' everyday banking accounts to their super to help top-up contributions. The technology behind the ...

New leadership at SuperConcepts

ELIZABETH MCARTHUR  |  FRIDAY, 7 JUN 2019
SuperConcepts has expanded its leadership team with the creation of two new general manager roles. Annette Sheppard will become general manager of growth and Yasmin Omar-Meer has been appointed general manager of strategy, product and price. Sheppard's ...

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
Crude oil prices have dropped, turning this year's bull market into a bear market. Oil prices rallied nearly 50% from January to April this year on the back of the Fed's pause; China's stimulus measures and expectations of continued easy ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
"Anything that could go wrong will go wrong." - Murphy's law. It seems like it for us, Australians all. The latest (although dated) GDP growth figures showed that domestic economic growth slowed to its slowest pace in a decade (in the midst of the ...

Advisers losing female clients

ELIZABETH MCARTHUR  |  THURSDAY, 6 JUN 2019
Female financial advice clients aren't getting the support they need from financial advisers, putting client books at risk. Appearing at the Sydney leg of the Association of Financial Advisers' National Roadshow yesterday, financial adviser and 2018 ...

Top performing ESG options revealed

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2019
In honour of World Environment Day, Rainmaker has ranked the top performing ESG investment options offered by superannuation funds. Latest Rainmaker analysis shows ESG options offered by super funds are some of the most consistent performers over one ...

Super figures point to NSW victory

HARRISON WORLEY  |  WEDNESDAY, 5 JUN 2019
If superannuation performance figures mean anything in the world of rugby league, the Blues will win the Origin opener tonight. Just hours before the Blues and Maroons begin the annual battle for rugby league supremacy at Brisbane's Suncorp Stadium ...