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| | | Perpetual has named a new head of credit and fixed income, and a deputy portfolio manager of its flagship trust. Vivek Prabhu has taken over the reins as head of credit and fixed income, extending his 20-year tenure at the organisation. The announcement ... |
| | | | ... fund. At retirement, members can transfer a portion of their super to an AMP Lifetime Pension, which is designed to provide income for life, alongside an AMP Allocated Pension. AMP said that Centrelink assesses Age Pension eligibility using the lower ... |
| | | | Regal Partners is planning a push into North America, as it also prepares to launch a multi-strategy income fund locally. Providing an update at the company's annual general meeting yesterday, Regal Partners chief executive Brendan O'Connor spoke of ... |
| | | | ... a bump in changes to liabilities for incurred claims of $475 million. Across different products, individual disability income insurance (IDII), at the superannuation and ordinary business level, made $1.1 billion in revenues in the March quarter, holding ... |
| | | | BlackRock's new head of fixed-income and credit product strategy has returned to funds management after taking on key roles at Housing Australia, New South Wales Treasury, and TCorp. Katherine Palmer brings over 12 years of government balance sheet ... |
| | | | ... and regulations, administration, taxes, choosing what to invest in, and then personal considerations such as retirement income needs and estate planning," Smith said. The research found that advised SMSFs are more likely to report advice gaps around ... |
| | | | ... delighted that we can provide our investors with another high-quality product, which we expect will deliver a strong monthly income stream," Patton said. The fund was brought to market with the backing of a syndicate led by CommSec, alongside Taylor ... |
| | | | Even with more potential interest rate cuts in the works, Australians feel as though their financial situation is in dire straits as many struggle with the cost-of-living crisis and do not know the best place to seek financial advice, new surveys reveal. ... |
| | | | ... administration fees for its retiree membership. The $190 billion fund is reducing the annual administration fee for retirement income and retirement transition members from June 1. The fee will drop from 0.23% of a member's balance to 0.17%. At the same ... |
| | | | ... the Reserve Bank of Australia's (RBA) cash rate. Launched today, Stake Accumulate is primarily invested in liquid, fixed income securities, but may also invest in a wide range of debt instruments, and cash and private credit. It aims to provide the target ... |
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