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| | | A joint regulatory review finds that superannuation funds are shrugging off the urgency to offer robust retirement income strategies and are failing to integrate this mandate into their business plans. One year since the Retirement Income Covenant took ... |
| | | | Prime Minister Anthony Albanese and Treasurer Jim Chalmers announced this morning Michele Bullock will take over as Reserve Bank of Australia (RBA) governor from Philip Lowe in September. Chalmers said the government is proud to announce the ninth governor ... |
| | | | ... production and subsequently influence MFP measure, as output can vary significantly for a given amount of inputs," the report read. As an example, the sharp decrease in productivity from 2017 to 2020 was due to the Eastern Australia drought, while the ... |
| | | | Cbus is poised to deliver solid results for its members this year, forecasting a return of about 8.5%, according to newly appointed chief investment officer Brett Chatfield. Speaking with Financial Standard, Chatfield credited the result to a combination ... |
| | | | ... enforcement costs) remains appropriate and should not be removed from the model to be budget-funded instead," the report read. As part of the changes, Jones recommends to spread the costs of certain regulatory activities. He wants to act against unlicenced ... |
| | | | ... advice providers and recipients of advice to find the law. "In searching for the law relating to financial advice, users must read through the substantive provisions of the Act to identify advice-related provisions or look to ASIC regulatory guidance ... |
| | | | Despite the inquiry continuing, a Senate committee has concluded that PwC deliberately covered up the actions of its staff and the plans to monetise the confidential information at the heart of its tax leaks scandal. A report published by the committee ... |
| | | | Association of Superannuation Funds of Australia deputy chief executive Glenn McCrea says there will be a bit of change for super funds who aren't yet providing intra-fund advice but remains confident the sector can deliver for members. On a recent ... |
| | | | At the Financial Standard Technical Services Forum, Betashares associate director Gavin Montgomery explored the unsung structural aspects of ETFs. It's no secret ETFs have experienced growing popularity, especially among financial advisers. The ... |
| | | | The world's sovereign wealth funds (SWFs) have doubled their assets under management in the last decade. Preqin's latest Sovereign Wealth Funds 2023 report shows AUM held by funds now totals US$10.4 trillion, as at March end. Notably, US$4.3 trillion ... |
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