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| | | China is now better equipped to absorb US trade tariffs compared to 2018-19 and is poised for growth that can benefit Australia despite the unrelenting trade war, according to experts who spoke at the China Investor Symposium. Amid the spate of universal ... |
| | | | Australia's largest super fund is being sued by ASIC over the delayed processing of close to 7000 death benefit claims, with some beneficiaries left waiting four years for a payout. The regulator has commenced federal court proceedings against AustralianSuper ... |
| | | | SMSF Association (SMSFA) chief executive Peter Burgess has called out recent hawking practices that prompt people to transfer their retirement savings into a self-managed super fund (SMSF). Burgess said the sector needs to be on alert about the resurgence ... |
| | | | The financial services industry has made modest inroads with gender parity, and closing the wealth and financial literacy gap, but the reality is accelerated action is needed from the government and private sector to tackle entrenched inequalities as ... |
| | | | New research commissioned by Colonial First State (CFS) has highlighted significant disparities between men and women when it comes to retirement preparedness and financial confidence. The findings, based on a survey of 2250 Australians, revealed that ... |
| | | | ... translate to a 30% benefit to profit on average. For the average fund, tokenisation is expected to generate a 30% cost saving on fund accounting, 25% on transfer agency costs, and 24% on compliance monitoring, client reporting, and regulatory reporting. ... |
| | | | Stockspot Super has launched to the public, a move first flagged by Financial Standard in May 2024. Stockspot said the offering is Australia's first fully transparent, ETF-only superannuation product, which has been designed to keep costs low and provide ... |
| | | | Australian gross domestic product (GDP) rose 0.6% in the December quarter 2024 and 1.3% through the year, according to the Australian Bureau of Statistics (ABS). "Modest growth was seen broadly across the economy this quarter. Both public and private ... |
| | | | ... demographic, more likely to be female, are driving demand in the space, with many users aiming for long-term growth, including saving for property (12%) and boosting retirement funds (14%). Investment Trends senior analyst Yiğit Günhan said the surge ... |
| | | | Sydney will stage a global superannuation summit in the second half of the year, on the heels of the inaugural industry gathering in the US last week. NSW treasurer Daniel Mookhey said the Sydney Superannuation Summit will cement the city's growing ... |
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