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Super gap concerns plaguing over 50s

KERRIE SYDEE  |  FRIDAY, 3 JUN 2016
... people aged 30-49 and 21% of the over 50's Younger investors are more likely than any other age group to invest more in the next quarter One in five young Australians expect to retire before 60, compared to less than one in ten of those over the age ...

Investors face 'radical uncertainty': PIMCO

KERRIE SYDEE  |  FRIDAY, 3 JUN 2016
... and some other emerging market economies." PIMCO's baseline case is that such a scenario will continue to play out for the next 3-5 years, but the firm warned that investors, investment managers and advisers alike should not take "excessive comfort" ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 3 JUN 2016
... 1.8% predicted in March). Staff projections for HICP inflation is for 0.2% this year (up from 0.1% foreseen in March), 1.3% next year and 1.6% in 2018 - both unchanged from its March forecasts. In his press conference, ECB president Mario Draghi stressed ...

Adviser Intelligence secures multi-million funding deal

ALEX BURKE  |  THURSDAY, 2 JUN 2016
... financial education of clients." Avocado chief executive Gerardo Barranquero added: "We are pleased to partner with a.i. in the next phase of its business. We expect and look forward to supporting Jacqui and her team to continue revolutionising the financial ...

Life insurance adviser group hits out at FSC priorities

ALEX BURKE  |  WEDNESDAY, 1 JUN 2016
... it would, alongside other policy areas of interests, prioritise reducing "misaligned" life insurance incentives during the next parliament. "The LICG is urging the FSC to adopt a position that will place the interests of the consumer above self-interest. ...

Perpetual launches Native Title Trust

KERRIE SYDEE  |  WEDNESDAY, 1 JUN 2016
... 2016-2019 'Stretch' RAP, which will build on Perpetual's first 'Reflect' RAP introduced in 2013. "The Stretch RAP is the next step in our journey and builds upon our commitment to deepen our relationships, our respect and opportunities with Aboriginal ...

SMSF accountants seek investment product knowledge

DARREN SNYDER  |  WEDNESDAY, 1 JUN 2016
... working in small accounting firms who are yet to make the move. If they don't get licensed, or set up referral networks in the next 30 days they will have to send clients elsewhere for SMSF advice," Choi said. He added more accountants are turning away ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 31 MAY 2016
... spending figures perhaps explain Prime Minister Shinzo Abe's flip-flopping over the consumption tax increase scheduled for April next year. The consumption tax increase from 8% to 10% will go ahead. Retail sales continued to fall, down by 0.8% in the ...

Suncorp appoints CIO from Medibank

ALEX BURKE  |  MONDAY, 30 MAY 2016
... the past 16 years in similar roles will build on the momentum we already have and take Suncorp's digital capability to the next level." Harland's appointment follows the news that Suncorp is on the hunt for a new chief investment officer, following Nick ...

Family office administration wasted on inefficient reporting: FOX

ALEX BURKE  |  FRIDAY, 27 MAY 2016
... functions that contribute to the true strategic objectives of a family office - things such as succession planning, educating the next generation of owners, or protecting and growing the family's assets." To remedy the issue, Simmons first suggested ...