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| | | The collaborative agreement between the Chicago-based investment bank and Sydney's Miles Advisory Partners aims to deliver an enhanced experience to their respective clients. The two said the agreement creates incremental industry expertise, geographic ... |
| | | | New Roy Morgan research finds women's average superannuation balances are growing at a faster rate than men's, while ownership levels have also risen. Based on a survey of half a million participants, the research found that since 2012, the ... |
| | | | In an ASX announcement, AMP said that its Australian Wealth Management assets under management (AUM) increased by $2 billion to $126.2 billion. However, the company had a net cash outflow of $600 million in Q1 2023, a slight improvement from the $900 ... |
| | | | A new industry association founded by four digital advice providers has been initiated to support the Quality of Advice Review (QAR) proposed reforms and serve as a united voice before government. The founding members and representatives of the body ... |
| | | | Magellan Financial Group has taken yet another hit to its funds under management, falling $2.2 billion to $43.2 billion during the month of March. Magellan saw net outflows of $3.9 billion, which included net retail outflows of $0.5 billion and net ... |
| | | | Assistant treasurer Stephen Jones has opened consultations that aim to make the superannuation performance test more accurate by updating the benchmarks and extending the testing period. These are among the proposed changes to the Your Future, Your ... |
| | | | Real estate investment trusts (REITs) can play an important role in institutional portfolios through strategic and dynamic allocations, explained DWS Asset Management and GIC Capital Markets. In a joint paper, the firms said REITS can complement private ... |
| | | | A Retail Market Conduct Task Force report, issued by IOSCO, has revealed a series of escalating threats to retail investors. The findings will shape ASIC's strategic priorities concerning retail investor harm, focusing on crypto assets, sustainable ... |
| | | | AMP anticipates it will receive a first strike on its remuneration report following disgruntled shareholder feedback at this morning's annual general meeting. Based on votes that were already cast, AMP chair Debra Hazelton said while "the first strike ... |
| | | | Targeting dodgy employers, the government is introducing new legislation to combat the underpayment of workers' superannuation. Treasurer Jim Chalmers announced that new legislation will be introduced to Parliament this week, focused on enshrining workers' ... |
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