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Technology optimises family office performance: KPMG

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
With the drastic rise in the number of family offices setting up shop in Australia in recent years, their reliance on technology to optimise operations and performance has also become evident, new research from KPMG found. The 2025 Australian Family ...

AI is not a bubble: ECP Asset Management

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
ECP Asset Management principal, investments Justin Warton told Financial Standard that the artificial intelligence (AI) boom is still getting started, despite heightened valuations. "The market has seen this movement towards generative AI, and I think ...

Cost-of-living continues to rock retirement confidence

MATTHEW WAI  |  MONDAY, 24 FEB 2025
... they would like to achieve a comfortable retirement. "Speaking to your super fund or financial adviser is a great place to start," Powe said. "People can begin their retirement planning journey by considering what sort of lifestyle they want when they ...

SMSF sector continues to grow

ELIZA BAVIN  |  FRIDAY, 21 FEB 2025
... accounts from the prior year, up 19.8%. "We've seen advised SMSF accounts grow in number last year and continue to grow at the start of this year - and trading more actively," AUSIEX head of product, customer experience and marketing Brett Grant said. ...

Economist calls for 35bps rate cut

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... midpoint of the 2-3% band," Solomon said. "If one is searching for a reason not to cut, growth would certainly be the place to start, but it's worth a reminder that policy will remain restrictive post a 25bp cut. The risk that a 25bp cut would super-charge ...

Platforms placate fee consent ordeal: SuitabilityHub

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... didn't come onto the agenda until much later in the year, and thus it was impossible to have any solution delivered by the start date," Anderson said. SuitabilityHub also found that client review reports are being modernised, with platforms making ...

Centaur goes self-licensed, appoints former dealer group head

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
Financial planning firm Centaur Financial Services has moved to its own AFSL and made a key hire in the process. Since 2015, Centaur has operated under a co-op licence with RFS Advice, Evalesco, and Guide Financial to reduce costs. However, Centaur ...

AMP profit dives as advice business sale bites

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... prioritise margins in a competitive environment, and this month's launch of our digital bank is an important way to start to address the funding and revenue mix," George said. Underlying earnings per share rose 25% to 9.0 cents per share, driven ...

Brookfield subsidiary launches credit fund locally

KARREN VERGARA  |  FRIDAY, 14 FEB 2025
A Brookfield Asset Management subsidiary has launched the Oaktree Strategic Credit Fund (AUD) to Australian wholesale investors and appointed responsible entity (RE) duties to Channel Investment Management. Brookfield Oaktree Wealth Solutions' fund ...

New starter at GCQ Funds

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
Doug Tynan's GCQ Funds Management has picked up an Ellerston Capital manager to look after advisory groups in New South Wales and South Australia. Nathan Boroughs has been appointed distribution director and will work closely with GCQ distribution ...