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| | | Financial Advice Association Australia (FAAA) general manager of policy, advocacy, and standards Phil Anderson is again calling on the government to fix the Compensation Scheme of Last Resort (CSLR). Th FAAA has previously highlighted three critical ... |
| | | | Reforms in funds management, financial advice, and superannuation will usher in an extra $1.7 billion per year to the economy and can make Australia a serious financial services hub, the Financial Services Council (FSC) says. New modelling shows that ... |
| | | | Australian billionaires earn $67,000 an hour, according to a new report from Oxfam, which is 1300 times more than what everyday workers make. The 47 billionaires based in Australia saw their wealth rise by more than 8% or $28 billion last year, the ... |
| | | | Laws that will double the tax on earnings of superannuation balances over $3 million, which were shelved in late 2024, will make the system fairer particularly as many are doing it tough, The Australia Institute says. The Australia Institute chief economist ... |
| | | | ... Gunhan said. "It's a testament to the resilience and adaptability of Australia's retail investing landscape. "The results show that greater fee transparency is crucial for building trust. "With fees being a key factor for investors choosing international ... |
| | | | ... strategies. He argued these contradictions "deprived consumers" of the ability to make an informed choice. "Some public statements show a company that focuses exclusively on return on investment, others show a company that gives special consideration ... |
| | | | More companies will divest their superannuation administration offerings in 2025, according to Finura, as super funds potentially move this service in-house amid tighter scrutiny from the regulators. ASIC suing Cbus for poor member claims experience ... |
| | | | ... retirement income by $70,000. One is to implement the Productivity Commission's 2018 recommendation to provide a best-in-show shortlist of super funds determined by an independent expert panel. " Extending 'best-in-show' to the retirement ... |
| | | | Australian Ethical, Nationwide Super, Active Super and Aware Super have the best performing ESG investment options over three years, according to the latest data from Rainmaker Information. Rainmaker Information executive director of research Aman Ramrakha ... |
| | | | Money pouring into global exchange-traded funds (ETF) hit a record high of US$1.9 trillion during 2024, new insights from research firm ETFGI shows. SSGA's SPDR S&P 500 ETF Trust (SPY) raked in the highest net inflows of US$626 billion during the ... |
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