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| | | ... decades in the sector, he could always be relied on to tell it like it is and, while this could - and certainly did - ruffle a few feathers, it was always in pursuit of advancing the industry; holding it to account and pushing it to do better for members. ... |
| | | | The wealth management industry has overwhelmingly welcomed the federal government's commitment to pay superannuation on the Commonwealth Paid Parental Leave scheme. The Albanese government has said, if it wins the next election, it will add superannuation ... |
| | | | Close to half of Australian workers have three months or less savings to get them through a disability impacting their ability to work, and women are particularly at risk, according to new research by MLC Life Insurance. The research, conducted by Freshwater ... |
| | | | ... Prior to that, he spent seven years at Macquarie Group. "At the moment, we are building our product strategy for the next few years in private wealth," Weingarth said. Weingarth explained that the business was initially built off high-net-worths and ... |
| | | | ... to suffer institutional investor outflows and negative returns. The fund manager said its immediate priorities in the next few months is to cut costs in a bid to "right size our business" and review its products and distribution channels both here and ... |
| | | | ... million in their super account. Almost half of the total have less than $100,000 in retirement savings. "This suggests very few retirees could afford an annuity as the centerpiece of their retirement income strategy," Rainmaker said. Lifetime CPI-indexed ... |
| | | | ... Lamborghini (up 18%) which appeal to a younger breed of collector bucked the trend in 2023." Handbags, which topped KFLII just a few years ago, also saw notable falls. AMR director Sebastian Duthy said that bags are one of the investments of passion ... |
| | | | ... they are able to," he noted. McCrindle said baby boomers and builders control $6.2 trillion in private wealth. "Over the next few decades, much will be transferred and passed on to their grandchildren," he said. The fourth megatrend is around technological ... |
| | | | ... courts impose over $500 million in civil penalties as a result of their civil actions. But the reality is that there are very few criminal convictions achieved in Australia for breaches of corporate law," he said. "For some people, Australia is a haven ... |
| | | | Shadow treasurer Angus Taylor slammed the proposed doubling of superannuation tax to 30%, saying it is a blatant attack on Australians' wealth. Addressing day two of the SMSF Association National Conference at the Brisbane Convention and Exhibition ... |
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