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CountPlus resumes dividend payments

HARRISON WORLEY  |  MONDAY, 27 AUG 2018
... "We will continue to align our member firms through shared values, common aims and a strong sense of community. "Over the next three years, the company will align, build and grow its core business." Earlier in the year the wealth management group extended ...

Managed accounts forum to address vertical integration, best practice

STAFF WRITER  |  FRIDAY, 24 AUG 2018
... financial planning groups will take centre stage at the annual Financial Standard Managed Accounts Forum to be held in Melbourne next month. More than 160 financial advisers and managed account specialists have registered to the annual event, to be held ...

Scott Morrison becomes Prime Minister, markets react

KANIKA SOOD  |  FRIDAY, 24 AUG 2018
Scott Morrison will be Australia's next Prime Minister, after he beat Peter Dutton 45-40 in a Liberal Party leadership ballot. The ASX 200 jumped on the news, after trending downwards since Monday. It hit its highest at 1.05pm, when it was up 0.33% ...

Senior Rainmaker executive to join BlackRock

STAFF WRITER  |  FRIDAY, 24 AUG 2018
... advice, superannuation and funds management information. His departure comes at a time when Rainmaker is embarking on its next growth phase, including the rollout of RainmakerLive, the launch of the Adviser Big Day Out (ABDO) 'Super Regional' ...

Smart beta on the rise: Van Eck

JAMIE WILLIAMSON  |  THURSDAY, 23 AUG 2018
... 2016. Looking ahead, 71% of financial professionals currently using smart beta plan to increase their allocation over the next 12 months; about 20% said they would maintain their current allocation, while just 1% said they would decrease. At the end ...

CCIV draws mixed reception: Research

KARREN VERGARA  |  THURSDAY, 23 AUG 2018
... initiative received mixed responses from the global asset management community planning to ramp up cross-border strategies in the next five years, State Street research shows. Of the 250 global asset managers canvassed in the 2018 Fund Strategy Survey ...

BetaShares wins insto allocation

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
... had been under works for 12 months. Vynokur said he expects the three new tech ETFs to bring in $100 million in FUM in the next year. BetaShares is also expecting to launch more products by the end of the year.

Millennials looking for impact: Research

HARRISON WORLEY  |  THURSDAY, 23 AUG 2018
... vice president, head of ESG and investment stewardship Guillaume Mascotto, said the research demonstrated the outlook of the next generation of investors. "This research shows that interest in impact investing continues to grow across all age groups ...

Government introduces financial literacy strategy

KARREN VERGARA  |  WEDNESDAY, 22 AUG 2018
... capability levels of Australians marginally would lead to increased consumer wealth and consumption of $212 billion over the next 30 years. O'Dwyer said the strategy guides action across the government, business, community, education and research sectors ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... five years, the proportion of life insurance written inside superannuation has increased - this trend may reverse in the next five years if the changes to default insurance in superannuation announced in the 2018/19 budget are implemented, KPMG warned. ...