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What super funds should know about Gen Z

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 NOV 2021
... educate and engage with Gen Zs about their super to help them build a more financially secure and sustainable future. "It might not be surprising that our Gen Z workers are focusing on shorter-term investments rather than their super, but it is concerning ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
... members, and APRA is working hard to ensure they fulfil that obligation," APRA executive board member Margaret Cole said. "That's not a reason for members to sit back and avoid taking steps to act in their own best financial interests by ensuring they ...

ASIC issues warning to finfluencer sponsors

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
... to your regulatory risks," she said. The warning follows ASIC's deep dive into finfluencers, the majority of which do not hold an AFS licence and meet educational requirements. It is also currently engaging with social media platforms and their moderators. ...

Organisations, employees disagree on work arrangements

ANNABELLE DICKSON  |  WEDNESDAY, 10 NOV 2021
... fact presents a serious risk to organisations," NTT global senior vice president, GTM Solutions Alex Bennett said. "These are not mild preferences: we found that work-life balance and commute times are now the two biggest factors people look at when ...

Bitcoin exposure added to platform

ANNABELLE DICKSON  |  WEDNESDAY, 10 NOV 2021
... nearly 100% allocation to bitcoin and securely stores the asset with BitGo Trust. MBF has a buy and hold strategy and does not engage in derivatives, leverage, or short selling. The minimum investment is $25,000 and has a 1.5% p.a. management fee. "With ...

NAB posts bumper profit

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
... greenfield gas extraction projects in Australia where it plays a role in underpinning national energy security. It will also not directly finance greenfield oil extraction projects or onboard new customers with a predominant focus on oil extraction. ...

Australia-first private equity ETF to launch

ELIZABETH MCARTHUR  |  TUESDAY, 9 NOV 2021
... director, Asia Pacific Arian Neiron said this ETF should provide private equity exposure to investors who have traditionally not been able to access the asset class. "Traditionally illiquid and difficult to access, this ETF will be the only one of its ...

ASX moves to paperless CHESS statements

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... your shareholders and for their brokers as sponsoring participants. All official customer opt-ins must come from brokers and not via ASX or your share registries," the ASX said. Companies listed on the ASX pay the exchange for its Issuer Administration ...

'Great resignation' a real risk: Report

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
... professional services firm JLL shed a harsh light on the attitudes of employees post-lockdown. The report found 61% of employees do not feel their time and effort through the pandemic has been fairly rewarded. Only 32% of survey respondents say there's ...

AMP Capital executive joins asset consultant

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... "Darren's addition to the team is an exciting development for Evidentia's partner advice firms (clients), as Darren is not only a leading investment professional, he also has a passion for working with high quality advice firms to build and manage ...