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| | | AIA is growing its retail distribution capabilities, adding four regional managers to the business to better support financial advisers. Following the appointment of Craig Parker as general manager, retail distribution, AIA has reformed its managerial ... |
| | | | Challenging markets saw most ultra-high-net-worth individuals' (UHNWI) wealth decline last year, with their collective wealth globally falling by 10% or $14.9 trillion, according to Knight Frank's 2023 Wealth Report. The report, now in its 17th ... |
| | | | Last month, Treasurer Jim Chalmers pledged to end the super wars, but opposition to proposed super tax changes suggest a resolution is unlikely. Opposition leader Peter Dutton stated that he's "dead against" the government's proposed tax changes ... |
| | | | HUB24 has stolen the crown from Netwealth and reclaimed the top spot for overall platform functionality. Investment Trends released its 2022 Platform Benchmarking and Competitive Analysis Report and said HUB24's overall score of 91.5% just edged ... |
| | | | An unlicensed mortgage broker who misled superannuation fund members about property investing has been banned from working in financial services for eight years. Christine Betty Childs, who was the director of Think Money and Think Money Wealth Through ... |
| | | | The new low-carbon, enhanced indexing mandate will see Robeco responsible for more than 20% of the super fund's international equities investments. NGS Super chief investment officer Ben Squires confirmed to FS Sustainability the mandate is for ... |
| | | | Plans to allow access to offenders' superannuation savings as a means of recourse for victims and survivors of child sex abuse should be extended and made applicable to all major and violent crimes, associations say. In a joint submission to Treasury ... |
| | | | Pengana Capital Group has launched a new, dedicated capital markets division and appointed Philip Schofield to head it up. Schofield will be the managing director of the new Pengana Capital Markets division which aims to connect sophisticated investors ... |
| | | | Australia's unemployment rate has risen to 3.7%, according to the Australian Bureau of Statistics (ABS). The ABS reported a decline in employment for the second consecutive month, following a period of robust jobs growth throughout 2022. Employment ... |
| | | | One in 10 Australian adults have made at least one investment in crypto assets, according to a new report. A survey carried out by Investment Trends in the December quarter last year found about 1.95 million Australians have made an investment, however ... |
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