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| | | The rising cost of travel, fuel and many food staples continue to aggravate the quality of living for retirees as inflation leapt 7.5% in the last year. Oils and fats (20.8%), domestic travel and accommodation (19.8%), milk (17.9%), gas (17.4%), fuel ... |
| | | | Meaghan Morberger will become Link Group's new general manager, client partnerships for its local retirement and superannuation solutions business (RSS). Morberger brings over 25 years' experience across superannuation, administration, banking and finance ... |
| | | | Financial advisers in New Zealand are now operating under a new licensing regime that is regulated by the markets watchdog. From March 17, all financial advice providers (FAPs) must hold or operate under a full licence from the Financial Markets Authority ... |
| | | | Link Group has sold its banking and credit management (BCM) business for cash consideration up to $48 million to Irish firm LC Financial Holdings (LCFH). The transaction is expected to complete in the second half of the year, subject to the Financial ... |
| | | | The chief executive of a North Sydney financial advice group is permanently banned by ASIC for faking his Financial Adviser Exam results. In December 2021, Bluepoint Consulting chief executive and co-founder Todd Karamian altered the result on his Financial ... |
| | | | The Council of Australian Life Insurers has welcomed the former policy head of the Financial Planning Association of Australia to its leadership ranks. Ben Marshan will join CALI on March 27 as director of policy and industry affairs, following an announcement ... |
| | | | Jeremy Lawson has resigned as global chief economist for abrdn, opting to return to Australia. Lawson has served in the role for 10 years, first appointed in March 2013. In 2018, he took on the additional responsibility of leading the group's research ... |
| | | | ... teams. "What's really exciting about that piece of work is that that longitudinal analysis showed a really strong causal link in terms of women in leadership positions and outperformance," Steed said. Other recent data from WTW showed that investment ... |
| | | | Inflation is eroding retirees' purchasing power, posing a significant risk to their financial stability. With CPI now at 7.8% as of the December quarter of 2022, inflation has become an increasingly pressing issue for retirees, who worry that their ... |
| | | | ... compensation simply because the firm that did the wrong thing goes out of business. The compensation scheme will close a missing link in Australia's financial system and ensure that many forgotten financial victims will receive the justice they deserve," ... |
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