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| | | After a decade in the making, an objective of superannuation has been legislated, with the bill passed in parliament yesterday. Now enshrined in legislation following the passage of the Superannuation (Objective) Bill 2023, the objective of superannuation ... |
| | | | The financial advice industry has finally earned "profession" status and has the potential to self-regulate in the near future, according to Financial Advice Association Australia (FAAA) chair David Sharpe. In six years' time, Sharp believes the advice ... |
| | | | Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, saying their climate activism violated antitrust laws and caused reduced coal production and higher energy prices. Texas Attorney General Ken Paxton filed a case ... |
| | | | Australian Retirement Trust and Industry Super Property Trust signed a 99-year lease from the University of Sydney to build a healthcare and life sciences hub. As Australia's population ages, demand for healthcare is expected to increase significantly ... |
| | | | Bravura Solutions has named two senior appointments to deliver growth opportunities across the global pensions, superannuation, wealth, and transfer agency markets. Aaron Knowles has been appointed the global head of product management and marketing. ... |
| | | | More than 50% of investors are expecting to increase their exposure to private markets over the next 18 months, with infrastructure and private debt managers expected to benefit most. That's according to bfinance's latest Global Asset Owner Survey ... |
| | | | ... further 40% are worried it will place a financial burden on their children. It also found that about 60% retirees preferred to age in the family home and half want to receive care in the home; about 70% are against moving into aged care facilities. Further ... |
| | | | Gary Gensler, the chair of the Securities and Exchange Commission (SEC), will leave the regulator on January 20. The SEC has announced Gensler will depart at midday on 20 January 2025, coinciding with the commencement of President-elect Donald Trump's ... |
| | | | ... to bring the price of advice down." Howarth said the superannuation industry is shifting as more members reach retirement age and require advice on how to navigate the transition. "This demographic shift will be a challenge for future governments, and ... |
| | | | ... returns their super fund is delivering, with only 6% deeming their fund's performance poor. Surveying 1500 adults across all age groups, genders, geographical location, and education band, ASFA found close to two-thirds of respondents believe their ... |
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