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| | | Nearly two out of three clients who will inherit family wealth tend to stick with their parent's financial adviser, a new study reveals. Nuveen's inaugural Wealth inheritor research study, which canvassed about 500 investors from the US, found ... |
| | | | Plans to allow access to offenders' superannuation savings as a means of recourse for victims and survivors of child sex abuse should be extended and made applicable to all major and violent crimes, associations say. In a joint submission to Treasury ... |
| | | | If the current high levels of inflation continue for years rather than months, many retirees could be facing some difficult spending choices, says Challenger. A new report, entitled Innovations to manage inflation risks, highlights the need for financial ... |
| | | | Octopus Australia has launched a renewable energy platform for institutional and wholesale investors, with backing from partners including Hostplus. The wealth manager simultaneously closed two funds that are co-investing into a multi-billion-dollar ... |
| | | | The world of retiree super - traditionally the domain of retail funds - is now overwhelmingly controlled by the not-for-profit sector, new research shows. About 60% of all retiree superannuation savings is now held in NFP funds, Rainmaker analysis of ... |
| | | | ... parental leave is also AIST's biggest gripe, particularly given 90% of all parental leave is taken by women. "For every dollar a man earns, a woman earns 67 cents on average, and women have 40% less superannuation on retirement and live longer," AIST ... |
| | | | Future2, the foundation of the Financial Planning Association of Australia (FPA), has announced the awarding of $148,600 in new grants to 15 not-for-profit organisations in 2021. Future2 has now committed over $1.5 million in grants since its inception ... |
| | | | Members of AMP's super products will see savings across both administration and investment fees from October, with some set to make significant savings. As a result of consolidating its superannuation products from 11 to three, AMP's MySuper ... |
| | | | New data from APRA and ASIC shows 81% of adviser-led TPD claims were admitted in 2020, down from 87% two years ago. The joint claims data published by APRA and ASIC included death, total and permanent disability (TPD), trauma, and disability income ... |
| | | | While the events of 2020 showed superannuation funds manage liquidity well, funds should consider the extent to which they rely on certain asset classes for liquidity, the Reserve Bank of Australia (RBA) has said. In its Financial Stability Report for ... |
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