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| | | ... among financial advisers, according to Rainmaker Information, which shows that one third of the industry rely on the 'Big 3'. Colonial First States (CFS) FirstChoice platform holds the highest number of financial advisers who are aligned at 13.1% ... |
| | | | ... the opportunity to lead the team that forecast the path of the Aussie economy and the outlook for the RBA," Aird said. "A big thanks to all the great people who played a supportive role in my career at Commonwealth Bank - too many to name, but you know ... |
| | | | ... concentration risk. "We would not look at an investment manager that had just one limited partner client. If it had one investor, one big Australian superannuation, one big American pension fund, the client concentration risk would be so high that that ... |
| | | | CPA Australia says the drastic exodus of financial advisers has put Australians' retirement money at risk, possibly leading them to invest in higher-risk schemes. According to the Financial Adviser Register, there are only 15,300 advisers left in the ... |
| | | | ... While Australian investors breathed a resounding sigh of relief when US President Donald Trump binned section 899 of the One Big Beautiful Bill Act (OBBBA), local multinationals, however, were lumped with grave uncertainties surrounding the global Pillar ... |
| | | | The Reserve Bank of Australia (RBA) kept interest rates on hold at 3.85% at the July meeting, surprising many experts and the markets which were anticipating another cut. The RBA board confirmed that inflation has continued to moderate but ultimately ... |
| | | | The two parties have entered a merger implementation deed, with the Platinum name to be retired from the entity and the newly created 'MergeCo' to be listed under a new ticker code. As previously disclosed, under the deal Platinum will acquire ... |
| | | | ... delivering consistently strong results for members, noting the High Growth option achieved a positive return for April despite big falls on share markets that month. "Our investments span a vast range of listed and unlisted assets, from technology companies ... |
| | | | ... allocation..." Fisher said. "So, we've been overweight Australian equities versus most large funds and that has been one of the big contributors to that relative performance over the year." Domestic infrastructure's contribution to returns was ... |
| | | | The average superannuation balance grew 5% to $172,000 at the end of the 2023 financial year, new statistics from the Australian Taxation Office reveal. Women had an average super balance of $154,641, while men had $192,119. The median was $54,349 and ... |
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