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Finalist feedback on future of advice

JAMIE WILLIAMSON  |  WEDNESDAY, 20 SEP 2017
... this industry is that nobody sees themselves as a competitor, they all just want to help - every adviser wants to see the next generation of advisers do better than them," he added.

The trillion dollar pension fund

EMMA RAPAPORT  |  WEDNESDAY, 20 SEP 2017
... the criterion". Australia's largest sovereign wealth fund, the Future Fund, is expected to grow to $200 billion over the next decade. Meanwhile, Australia's largest superannuation fund AustralianSuper currently holds $120 billion under management.

On the road to normal

BENJAMIN ONG  |  TUESDAY, 19 SEP 2017
... deliberations on monetary policy starting tonight while we sleep. Chances are they'll do nothing on policy this month and at their next meeting on 31 October - 1 November. But everybody - even my uncle and his dog - already know this. What remains are ...

Stressed Aussies increasingly tempted to access advice

JAMIE WILLIAMSON  |  MONDAY, 18 SEP 2017
... Shepherd Microfinance - has committed to increasing the number of loans it annually provides low income Australians. Over the next two years the banks plans to increase the number to 100,000 from 26,000. "We are proud that through our long-standing partnership ...

Avenir appoints investment associate

ALEX BURKE  |  MONDAY, 18 SEP 2017
... investment ideas and market insights will help us to build on our six-year track record of high performance and take the next step in our growth with the launch of the new retail fund class." As above, Warner is referring to Avenir launching the retail ...

The British pound's sterling reversal

BENJAMIN ONG  |  MONDAY, 18 SEP 2017
... finances Cash available to spend falls sharply again Only 29% of UK households expect a Bank of England rate rise during the next six months (survey was taken on 6-11 September - before the BOE meeting) The British pound's sharp appreciation - on the ...

Record turnout drives Managed Accounts Forum success

KARREN VERGARA  |  MONDAY, 18 SEP 2017
... Stevens, managedaccounts.com.au, Macquarie and Praemium fought it out tooth and nail. Presentations can be viewed here. The next forum will be held in September next year in Melbourne.

Managed accounts demand dominates platform market

KARREN VERGARA  |  SUNDAY, 17 SEP 2017
... for themselves, rather to do their jobs better and deliver better outcomes for clients, Dunnin said. He forecasts in the next five years, managed accounts will takeover investment wraps and non-super platforms. Half of advisers not using managed accounts ...

Industry super fund hires change expert

KARREN VERGARA  |  FRIDAY, 15 SEP 2017
... seen us take greater direct control of our investment activities and of our member and employer advice and services." The next phase of transformation looks to bring functions in-house, expand the fund's expertise and develop its digital offerings for ...

Alternative investment manager opens Sydney office

EMMA RAPAPORT  |  THURSDAY, 14 SEP 2017
... which specialises in alternative beta strategies is eyeing opportunities in Australia with views to opening a Sydney office next year. Speaking at a media lunch in Sydney yesterday, Capital Funds Management (CFM) president Phillippe Jordan said while ...