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Baby boomers unprepared for wealth transfer: Australian Unity

HARRISON WORLEY  |  FRIDAY, 27 APR 2018
... of estate planning. "This means careful financial structuring to protect the transfer of wealth from one generation to the next." Glinac added that baby boomers should consider using structures such as bonds, which safeguard wealth to ensure it gets ...

MGP responds to Henderson's RC hearing

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... of Commerce?" she asked. "I did not. I think this was taken over from a previous bio and we've since removed that in the next iteration of the guide," Henderson responded. Orr pressed: "You say it was taken over from a previous bio, but you did not at ...

SSGA launches ESG-heavy strategy for Aussie instos

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
... institutional investors. Partnering with MSCI, the State Street Low Carbon ESG International Equities Index Trust is the next iteration of an index fund launched 18 months ago, screening out companies involved in tobacco and controversial weapons. The ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... first is that we expect a further pick-up in the Australian economy; The second point is that it is more likely that the next move in the cash rate will be up, not down, reflecting the improvement in the economy." The third and fourth points answer our ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... tranche. NAB announced it will be hit with $755 million of restructuring costs, primarily related to staggered job cuts over the next three years. It announced in November 2017 that 6000 employees will be made redundant in place of 2000 newly created ...

Centuria Life announces promotion

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... chief executive John McBain said Blake's specialised qualifications, experience, and skills will take the business into its next phase, and build on the strong foundations for evolution and growth put into place by Rogan. Rogan helped grow Centuria Life ...

Blue Sky MD resigns

ALEX BURKE  |  MONDAY, 23 APR 2018
... renewed board and management to take Blue Sky forward, build on the strong fundamentals and prepare the business for the next phase."

Royal Commission case study: advice put retirement in ruins

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
... in storage, paying more than necessary because we didn't think we could commit to a 12 month lease," McDowall said. At the next meeting - almost six months since the first - the McDowall's were told the properties they were looking at could not be purchased ...

Abacus confirms new MD

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
... this has occurred earlier than anticipated, we have every confidence in Steven's strong capabilities to take Abacus into the next stage of its future," Thame said. Sewell added Wolf's legacy would be built upon at the property group. "It is with great ...

Suncorp names new chair

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
... Commenting on the appointment of his successor, Switkowski said he was delighted with the selection of McLoughlin as the next chairman. "It has been a privilege to serve the company over the past 13 years. I am delighted with the board's selection of ...