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| | | According to Class's 2022 Annual Benchmark Report, female SMSF balances are rising faster than males and most new SMSFs are being established by millennials. Over the past three years, millennials have become the largest cohort of all the age groups ... |
| | | | Fiducian has recorded an underlying profit increase of 11% and seen record net inflows of $309 million, as it sets its sights on New Zealand, Japan, South Korea and Thailand. Reporting to the ASX, Fiducian said its underlying net profit for the year ... |
| | | | Practifi has rolled out a business development app for the wealth industry that manages multiple growth activities while tracking pipeline performance. The app seeks to satisfy industry demand for comprehensive lifecycle management that tracks and manages ... |
| | | | The fund services provider has welcomed two financial services industry veterans to its board ahead of its application to obtain CCIV authority. MSC Trustees has added Ruth McClelland and Steven O'Connell as non-executive directors, effective last week. ... |
| | | | US inflation has eased to 8.5% from its historic 40-year peak of 9.1%, recorded in June. The drop beat market expectations of 8.7% and comes as a welcome relief for the Biden government. The reason for the fall is a slowdown in rising energy prices. ... |
| | | | Digital investment platform Syfe has released new findings from an independent investor survey, coinciding with the launch of its product to the Australian market. At a Sydney media briefing, Syfe general manager and Australia country head Tim Wallace ... |
| | | | MLC Life Insurance has said the Quality of Advice Review (QAR) should focus on how to ensure Australians can access financial advice, regardless of their wealth. Ahead of Michelle Levy's draft report due later this month, MLC Life said it believes ... |
| | | | APRA published its updated plan to reinforce the financial soundness of the banking, insurance and superannuation industries over the next four years, with few surprises on offer. The priorities in APRA's new Corporate Plan for 2022-2023 are based ... |
| | | | The team at Australian Eagle Asset Management will join Montgomery Investment Management as part of a new partnership next month. The six-person team, led by chief investment officer Sean Sequeira and senior portfolio manager Alan Kwan, will join under ... |
| | | | APRA and ASIC have already begun reviewing superannuation funds' retirement income strategies, with a view to publishing its findings later this year. In a speech to the Financial Services Council's Policy Briefing, APRA member Margaret Cole said the ... |
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