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| | | ... will continue to remain conservative. Rainmaker's March 2018 Advantage report using APRA data shows SMSF investors as a group - including those in pre-retirement accumulation phase - are "surprisingly conservative." The Productivity Commission's May ... |
| | | | The life insurance industry turned in a solid FY18, latest APRA statistics show. In the year to 30 June 2018, life insurers' total revenue stood at $37.6 billion, up 11.5% higher than the previous corresponding period. This was driven by net policy ... |
| | | | ... million in cash to acquire a fellow ASX-listed property fund manager with $1.6 billion under management. Charter Hall, a group which manages $23 billion, has announced plans to acquire Folkestone in a move that would diversify the former's investment ... |
| | | | Foreign companies continue to gain the lion's share of Australia's life insurance industry, with the recent sale of CommInsure and OnePath set to boost foreign ownership from less than half to 66%, KPMG research shows. According to the Life ... |
| | | | Online brokers are being presented with a new business case to capture the most frequent traders - a group which has spiked in its considerations about switching broking platforms. Research firm Investment Trends said 9% of traders which transact more ... |
| | | | Perpetual Corporate Trust has been awarded a responsible entity (RE) mandate for a newly-listed agricultural REIT. Perpetual's wholly-owned subsidiary is the RE of Vitalharvest Freehold Trust, which listed on the ASX on August 1, raising $185 million. ... |
| | | | ... three and five years by 12% across all the diversified asset classes." "This analysis confirms that SMSF investors as a group, even those in preretirement accumulation phase, are surprisingly conservative," the research house concludes. Rainmaker Group ... |
| | | | ... Australia Limited - the trustee of StatePlus Super. Following a review of StatePlus' business practices, Hodge said a group of members were entitled to advice service that was not delivered. ASIC was notified in May 2017 and since then StatePlus ... |
| | | | Commonwealth Bank Group Super has promoted from within to appoint its new chief investment officer. Acting in the chief investment role since March 2017, Ruwanie Dias was promoted to permanently oversee more than $11 billion at the corporate superannuation ... |
| | | | A diversified financial services and legal firm appointed a former HSBC head of wealth management to lead its private wealth business. Sydney-based Aura Group is welcoming Andrew Coloretti to the role of executive director, private wealth. Bringing ... |
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