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| | | Hostplus is closing its infrastructure and property investment options, redirecting roughly $300 million in assets to balanced options. At the same time, it's introducing six new investment options, two of which are indexed. The $100 billion industry ... |
| | | | A Perth woman has been permanently banned from running a financial services business, while the $11 million illegal investment scheme she ran will be wound up. Monica Kaur, through her business MKS Property Investments/Developments, encouraged around ... |
| | | | ... gap in salaries was relatively stable year on year. Workers in the ACT held the highest super balances with men and women saving $253,548 and $213,247 respectively. Workers in Victoria come second; men had $197,431 and women saved $156,192 in their nest ... |
| | | | The investment giant has reduced management fees for the Vanguard Australian Shares Index ETF (VAS) from 0.10% to 0.07% per annum. The fee change will be effective from July 3 and follows a periodic review of Vanguard's pricing and funds. "At Vanguard ... |
| | | | Archaic payment systems could soon be a thing of the past following government plans to wind down outdated methods like cheques. Treasurer Jim Chalmers handed down a five-point strategic plan yesterday in front of the Australian Banking Association ... |
| | | | ... cash products," Vanguard Australia head of financial adviser services Balaji Gopal said. "However, we believe Australians saving for retirement should take a longer-term view and avoid reacting to short term market conditions. It's not unwise to ... |
| | | | Inflation is a looming threat to retirement incomes, so it's no surprise financial advisers are rotating toward more dynamic strategies. According to a report penned by Challenger and Ensombl, inflation is fast becoming the number one threat to ... |
| | | | A year on from confirming merger discussions, Active Super and Vision Super have signed a Heads of Agreement and selected the chief executive of the combined fund. The two funds first signed a Memorandum of Understanding in June 2022. Today, they confirmed ... |
| | | | A Mason Stevens whitepaper says that financial advisers are increasingly embracing outsourcing of their investment capability. Mason Stevens said the main economics of outsourcing are the time freed up for the adviser to nurture client relationships ... |
| | | | Michael David Steele has been charged with seven counts of fraud after he misled 14 investors into using their superannuation and other savings to invest a property development. Following an investigation, ASIC is alleging that between May 2016 and ... |
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