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| | | Reforms underway to expand financial advice will have positive ramifications for the SMSF and APRA-regulated sectors as it will ultimately uplift outcomes in the retirement phase for all Australians, industry experts say. The first day of the annual ... |
| | | | Australians are not underspending in retirement and are typically exhausting all their savings, research shows, sparking a call for advice reforms to be expedited, allowing contributions to be made in retirement, and no mandated use of annuities by ... |
| | | | ... models of active managers." The research shows that exchange-traded funds (ETF) comprise 4% of the whole investment market - though it is 18% of the total indexed FUM. "It's clear that the growth of ETFs goes nowhere near explaining the indexing ... |
| | | | ... net profit for 3Q24, attributed to the previous year's high commodity trading gains and lower fees and commission income, though this was somewhat mitigated by investment income generated from Macquarie Capital. In 3Q24, MAM's assets under management ... |
| | | | ... For instance, Australian Retirement Trust chief investment officer Ian Patrick earned $1.2 million, ranking 11th, even though the fund is Australia's second largest. Further analysis showed that the top 25 highest-paid executives of industry super ... |
| | | | The SMSF Association is urging the wealth management sector to embrace learning opportunities at this year's National Conference, particularly as major reforms such as the $3 million superannuation tax changes loom. The SMSFA will host its flagship ... |
| | | | ... three months of leading a team that aimed to partner with investment heads at large institutions and fiduciaries. Even though PGIM stressed that Australia remains a key part of its global growth strategy, the market grew antsy. But now, investors know ... |
| | | | ... downturns, as seen during the COVID crisis. "Members' money is being used to ensure that super is hermetically sealed, even though that might not be in the interest of those workers," Bragg said. While seeing no problem with supporting a union or ... |
| | | | ... advisers face as rapid developments of artificial intelligence like ChatGPT disrupt every sector. In the adviser space, though, the report finds that advisers continue to grapple with technology adoption and training - even with systems they've been ... |
| | | | J.P. Morgan Asset Management (JPMAM) is joining forces with a New Zealand-based private wealth firm that has $28 billion of client funds under management. Craigs Investment Partners (CIP), a high-net-worth advisory firm that also provides investment ... |
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